Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?
Market data shows these whales are already dipping their toes into pre-market perpetual contracts, especially on platforms like Hyperliquid and Binance. They’re clearly expecting a bit of volatility when the token’s initial coin offering (ICO) kicks off on July 12. One can only imagine the anticipation—will it be fireworks, or just a loud pop and a fizzle? 🧐