According to Michaël van de Poppe, on Oct 8, 2025, W printed a new high and has outperformed HYPE, SOL, and PUMP over the past three months. According to the same source, he cites massive partnerships and a strong higher-timeframe bullish divergence as evidence that W’s uptrend has started. According to Michaël van de Poppe, the trend remains intact and his next price target for W is $0.18–$0.20.

According to @lookonchain, a Solana wallet labeled GhFaBi deposited 3.125B PUMP worth about 20.56M dollars to OKX, with the transfer viewable on Solscan at solscan.io/account/GhFaBi8sy3M5mgG97YguQ6J3f7XH4JwV5CoW8MbzRgAU#transfers (source: @lookonchain X post on Oct 6, 2025 twitter.com/lookonchain/status/1975190046874726724; on-chain reference: Solscan). The same wallet had previously received 18.74B PUMP valued at about 126.65M dollars from Pump.fun roughly three months ago, establishing provenance of the holdings before the exchange deposit (source: @lookonchain X post; on-chain reference: Solscan). The current 3.125B PUMP deposit equals roughly 16.7 percent of that earlier 18.74B PUMP inflow, indicating a material increase in PUMP supply moved to a centralized venue for potential execution or custody (calculation based on figures cited by @lookonchain; source data: @lookonchain X post and Solscan). Traders monitoring PUMP liquidity and order book depth on OKX typically track large exchange inflows as they can precede shifts in spot/perp market liquidity and volatility (context from industry analytics on exchange inflows and market impact: CryptoQuant research and Glassnode Insights).

According to @EmberCN, a Pump team-linked wallet transferred 3.126 billion PUMP worth about $20.54 million to OKX within the past 30 minutes, source: @EmberCN. The address previously received 18.75 billion PUMP from the Pump core treasury at token launch/listing, source: @EmberCN. This is the first token outflow from that address, with the on-chain address viewable via Arkham Intel, source: Arkham Intel.

According to @lookonchain, BTC broke above $125,000 today to a new all-time high; source: Lookonchain on X, Oct 5, 2025. According to @lookonchain, on-chain address 0x0a07 holds BTC and PUMP long positions showing nearly $15M in unrealized profit, corroborated by the Hyperdash trader dashboard linked in the post; source: Lookonchain on X, Oct 5, 2025; Hyperdash.info. According to @lookonchain, the same address previously realized about $2.5M from BTC and ETH long trades; source: Lookonchain on X, Oct 5, 2025.

According to @OnchainLens, a PEPE whale sold 314B PEPE worth about 3.16 million dollars for 668.35 ETH and 203 thousand USDC, then bought 697,488 EIGEN for 267.66 ETH worth about 1.178 million dollars, source: @OnchainLens; hypurrscan.io/address/0x373704e394ef150241aee836115d78aba3fc5c76. Subsequently the whale swapped ETH to USDC, deposited 1.837 million USDC on HyperLiquid, and purchased 151.19 million PUMP for about 1.02 million dollars and 1.11 million XPL for about 1.09 million dollars, source: @OnchainLens; hypurrscan.io/address/0x373704e394ef150241aee836115d78aba3fc5c76. These on-chain moves show capital rotation from PEPE and ETH into EIGEN, PUMP, and XPL with more than 3 million dollars reallocated, source: @OnchainLens; hypurrscan.io/address/0x373704e394ef150241aee836115d78aba3fc5c76.

According to Lookonchain, wallet 0x3024 deposited 5 million USDC to Hyperliquid, source: Lookonchain on X. The address then opened a 2x long on 800 million PUMP with an estimated position value of 5.22 million USD, source: Lookonchain on X and Hypurrscan address 0x302446778A0d8512ad4B02655583C2B3c4cc423A. The activity was reported on Oct 1, 2025, source: Lookonchain on X.

According to @OnchainLens on X on Oct 1, 2025, a whale deposited $5M USDC into HyperLiquid and opened a 3x leveraged long position on PUMP, implying up to roughly $15M in notional exposure on the PUMP perpetual contract if fully utilized (source: @OnchainLens).

According to @lookonchain, two whale wallets 6AkVuG and D6FN73 accumulated 622.49 million PUMP on Solana for approximately $3.48 million about 13 hours before publication, with the transactions visible on Solscan at the referenced addresses. Sources: https://twitter.com/lookonchain/status/1973038700482421155 https://solscan.io/account/D6FN73mc9fNdCnotefrVPnip54WzUgxjBLHLKaEhBNtd https://solscan.io/account/6AkVuGtTXeumyWUE3zrRuG7XmwV5PfaJNNUAQzVUFSSx Based on those figures, the buys imply an average executed cost near $0.0056 per PUMP, derived from $3.48M divided by 622.49M. Source: https://twitter.com/lookonchain/status/1973038700482421155 Traders can monitor these two Solana addresses on Solscan for subsequent inflows or outflows that may indicate distribution or further accumulation in PUMP markets. Sources: https://solscan.io/account/D6FN73mc9fNdCnotefrVPnip54WzUgxjBLHLKaEhBNtd https://solscan.io/account/6AkVuGtTXeumyWUE3zrRuG7XmwV5PfaJNNUAQzVUFSSx

According to @ai_9684xtpa, the Hyperliquid user btc@tuta.com holds the current largest PUMP short with 7.969M PUMP at 5x leverage, opened at $0.003838 with liquidation at $0.007231, showing a $13.61M unrealized loss while funding fees earned total $1.44M. source: @ai_9684xtpa on X; hyperbot.network/trader/0x880ac484a1743862989A441D6d867238c7AA311C The position’s notional size is reported at approximately $44.2M and the account’s cumulative PnL since 2024-10 is +$9.57M. source: @ai_9684xtpa on X; hyperbot.network/trader/0x880ac484a1743862989A441D6d867238c7AA311C Traders tracking PUMP can watch $0.007231 as the reported liquidation level for this address and note the funding accrual when assessing positioning. source: @ai_9684xtpa on X; hyperbot.network/trader/0x880ac484a1743862989A441D6d867238c7AA311C

According to @ai_9684xtpa, a whale opened $2.333 million in 10x long positions on XPL on Hyperliquid in the past hour (source: @ai_9684xtpa; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872). The wallet currently holds 1.9 million XPL at a $1.31 entry with an unrealized loss of $171,000 (source: @ai_9684xtpa; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872). Other long positions in ETH, PUMP, and HYPE are also in drawdown, taking total account unrealized losses to $21.468 million (source: @ai_9684xtpa). Over the last week, the same trader reportedly lost $32.89 million on Hyperliquid (source: @ai_9684xtpa).

According to @OnchainLens, Machi (@machibigbrother) opened a 10x long on XPL and also holds ETH (15x), HYPE (10x), and PUMP (5x) long positions, with an unrealized loss of about $20M (source: https://twitter.com/OnchainLens/status/1971442384245490017; wallet data: https://hypurrscan.io/address/0x020ca66c30bec2c4fe3861a94e4db4a498a35872).

According to @ai_9684xtpa on X and hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6, on-chain address 0x4016...5ACb6 shows roughly USD 984,000 in unrealized losses across five open positions. According to @ai_9684xtpa on X and hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6, PUMP records the largest drawdown at about USD 488,000. According to @ai_9684xtpa on X and hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6, the account’s cumulative profit has narrowed to approximately USD 6.862 million. According to @ai_9684xtpa on X and hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6, all five positions are currently in the red after the wallet opened longs following a public short call, yet margin remains ample and the positions are far from liquidation.

According to @lookonchain, Machi Big Brother’s long positions in ETH and PUMP show unrealized losses exceeding $21.77M amid the market drop, and he deposited $4.72M USDC into Hyperliquid over the past two hours to avoid liquidation (source: Lookonchain post on X dated Sep 25, 2025). The wallet and position context referenced by @lookonchain point to trader address 0x020ca66c30bec2c4fe3861a94e4db4a498a35872 on Hyperdash, corroborating the monitoring of this account’s margin actions (source: Hyperdash trader analytics for address 0x020ca66c30bec2c4fe3861a94e4db4a498a35872).

According to @EmberCN, trader Machi Big Brother holds $149M in long exposure on Hyperliquid split between 30,000 ETH at $4,399 and 4.85B PUMP at $0.0073, with a combined unrealized loss of $18.68M as of Sep 25, 2025. source: @EmberCN; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 The ETH long shows $122M position value, a $9.92M unrealized loss, and a reported liquidation price at $3,694. source: @EmberCN; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 The PUMP long shows $26.7M position value, an $8.76M unrealized loss, and a reported liquidation price at $0.003. source: @EmberCN; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 Traders can monitor ETH $3,694 and PUMP $0.003 as exchange-reported liquidation thresholds for this large account. source: @EmberCN; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872

According to @ai_9684xtpa, wallet 0x401...5ACb6 opened $24.67M in long positions across BTC, ETH, SOL, PUMP, and HYPE shortly after trader Eugene called for shorts, source: https://twitter.com/ai_9684xtpa/status/1970749619689988596. BTC represents 34.5% of the five long positions with an unrealized profit of about $194,000, source: https://twitter.com/ai_9684xtpa/status/1970749619689988596; source: https://hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6. The account’s total profit on Hyperliquid this year stands at $8.098 million, source: https://twitter.com/ai_9684xtpa/status/1970749619689988596; source: https://hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6. This sets up a clear positioning split between Eugene’s short view and a whale-sized long book, and traders can monitor live PnL and allocations via the Hyperbot tracker for execution context, source: https://twitter.com/ai_9684xtpa/status/1970749619689988596; source: https://hyperbot.network/trader/0x4016F161F022CBEb49B2932cb0bC9C92ded5ACb6.

According to Lookonchain, wallet 0x50dE deposited 15 million USDC to Hyperliquid immediately after a market drop and opened long positions in BTC, SOL, HYPE, and PUMP, with the transactions and positions referenced via Hypurrscan address 0x50dE6ef4D11B263DC2e4547602E963355E17dC81 (source: Lookonchain on X, Sep 22, 2025; Hypurrscan address 0x50dE6ef4D11B263DC2e4547602E963355E17dC81). For traders, this concentrates 15 million USDC in available collateral backing long exposure on these pairs on Hyperliquid and can be tracked for adds or reductions directly on the cited Hypurrscan address to gauge ongoing positioning changes (source: Hypurrscan address 0x50dE6ef4D11B263DC2e4547602E963355E17dC81; Lookonchain on X, Sep 22, 2025).

According to @OnchainLens, wallet fluffcatto.eth deposited 1.22M USDC into HyperLiquid and opened a PUMP long position with 5x leverage (source: @OnchainLens; on-chain: https://hypurrscan.io/address/0xb1169C6daAc76bAcaf0D8f87641Fc38fbabe569F). Based on those reported figures, if the entire 1.22M USDC is used as margin, the implied notional exposure would be roughly 6.1M on PUMP perpetuals at 5x (calculation from leverage and deposit reported by @OnchainLens; address reference: https://hypurrscan.io/address/0xb1169C6daAc76bAcaf0D8f87641Fc38fbabe569F).

According to @OnchainLens, on Sep 20, 2025 a whale spent $8M USDC to purchase 1.1B PUMP at an average price of $0.0072, with activity attributed to address 8RHiqyz3nZHR1owutsiSL2C87LAF6UdRiizn9yjjC8Ay, citing Nansen on-chain data (source: @OnchainLens; data: Nansen). The trade establishes a clear cost basis and potential short-term pivot level at $0.0072 for PUMP, useful for risk framing by traders (source: @OnchainLens; data: Nansen). The position size concentrates ~1.1B PUMP in a single wallet, making subsequent transfers from the reported address important to monitor for directional cues (source: @OnchainLens; data: Nansen). Tracking on-chain flows of the noted address and any movements into or out of liquidity venues can help gauge intent around the $0.0072 level (source: @OnchainLens; data: Nansen).

According to @lookonchain, whale address 8RHiqyz3nZHR1owutsiSL2C87LAF6UdRiizn9yjjC8Ay spent 7.3M USDC to accumulate 1B PUMP at an average price of $0.007246 over the past 20 hours, with the transactions recorded on Solana and viewable via Solscan, source: @lookonchain; Solscan. For trading, the reported $0.007246 average cost basis provides a concrete on-chain reference level that traders commonly monitor when assessing liquidity and order flow in Solana memecoins, source: @lookonchain; Binance Academy. Monitoring this wallet’s subsequent PUMP movements on Solscan, especially any transfers to exchanges, can help gauge potential supply appearing on the market, source: Solscan; Binance Academy.

According to @KookCapitalLLC, Pump.fun (PUMP) has roughly the same run-rate revenue as Hyperliquid (HYPE) while HYPE trades at about 7x the fully diluted valuation (FDV), indicating a potential relative value mispricing, source: @KookCapitalLLC on X, Sep 19, 2025. According to @KookCapitalLLC, the market currently treats HYPE’s perpetuals revenue as more durable, aided by builder-code distribution with Phantom and MetaMask plus the upcoming HIP-3, whereas PUMP lacks an equivalent distribution model, source: @KookCapitalLLC on X, Sep 19, 2025. According to @KookCapitalLLC, meme-launchpad revenues are underappreciated in durability because a large cohort of traders prefers gambling on memes over perps, and Pump.fun dominates the meme market, source: @KookCapitalLLC on X, Sep 19, 2025. According to @KookCapitalLLC, Pump.fun has shown +450% app user growth and added a streaming business, which the author cites as innovation supporting revenue durability, source: @KookCapitalLLC on X, Sep 19, 2025. According to @KookCapitalLLC, HYPE is a strong token but not worth a 7x premium over PUMP on current run-rate revenue, and the author expects PUMP to re-rate higher to narrow the valuation gap, source: @KookCapitalLLC on X, Sep 19, 2025.