After a year of inactivity, a whale bought 242.66 million PUMP tokens, while its previous SOL staking position still suffers a loss of over $1.7 million.

According to Lookonchain monitoring, a whale began buying PUMP after more than a year of inactivity, spending 5,000 SOL (worth $358,000) to purchase 242.66 million PUMP tokens. Over a year ago, the whale bought 10,957 SOL at $237 each, worth $2.6 million, and staked them. Despite receiving 1,206 SOL in staking rewards, the position is still suffering a loss of over $1.7 million, a decline of 66%, due to the price drop.