Jeffrey Huang adds to PUMP longs as token trades below presale price

On-chain tracker Onchain Lens reported on X that Jeffrey Huang, a Taiwanese singer and prominent Bored Ape Yacht Club (BAYC) NFT whale, is actively increasing his leveraged long position in PUMP even as the token continues to trade below its presale price of $0.004. Despite facing an unrealized loss of around $5.8 million, Huang has opened a $12.12 million PUMP long position with 5x leverage. He also holds a 25x leveraged long position in ETH and a 5x leveraged long in HYPE.