According to @lookonchain, the price of PUMP token is experiencing a significant rally, but major trader Machi Big Brother is closing his long positions at a loss. Despite the upward price momentum, Machi Big Brother still holds a 4.175 billion PUMP ($13.3 million) long position, currently at a loss of $4.47 million. This activity signals potential volatility and caution for traders, as large holders may be reducing exposure despite positive price action (source: @lookonchain).