Pump.fun Sees 10.98% Slump to $0.00532 on Binance Spot

Pump.fun (PUMP) took a sharp hit on Binance's PUMP/USDT spot pair, plummeting by 10.98% in just four hours to $0.00532.

This decline comes after the token had already dropped 7.17% over the past 24 hours.

The price collapse was accompanied by significant long liquidations across three exchanges: Binance, Bybit, and OKX, totaling $860,000 in a single hour.

In contrast, short liquidations on these platforms reached only $20,000 during the same time period.