Trader accidentally destroyed tens of thousands of dollars worth of his PUMP
Date: 2025-07-16 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Chan Min Yu, a blockchain researcher, became famous thanks to a funny incident with PUMP tokens. While cleaning his wallet on the Solana network, he mistakenly considered them spam and used the burn option on Axiom Exchange. As a result, the tokens that cost him $40,000 during the lightning-fast Pump.fun token sale were irretrievably destroyed. In just 12 minutes of the sale, Min Yu managed to buy assets that soon rose in price by 45% and reached $0.005827 per coin.
The situation was complicated by the fact that the trader himself did not immediately find out about his mistake. It was only a few hours later that he came across a Lookonchain post about a user who accidentally liquidated meme tokens. Min Yu recognized his own wallet at the address. Instead of being disappointed, he took the loss with humor and told his friends about it. In an interview with Decrypt, he noted that he sees no point in lamenting what can no longer be changed, because in life he tries to focus on what is under his control.
According to Min Yu, he did not have high hopes for the long-term growth of PUMP. Initially, he was going to hold assets for $40,000 for hedging, while opening a short position. He jokingly added that he could launch his own meme coin with the telling name Fuck Pump and pass off a random oversight as a carefully thought-out action against Pump.fun.
Interestingly, Chang Min Yu was not the only one who mistook PUMP for useless junk in a wallet. Solscan statistics show that other users made mistakes too: someone lost $1,627 this way, while someone added PUMP to the spam list for $837. Despite the losses of individual traders, the Pump.fun project was until recently the leader in daily income, until it lost the lead to Letsbonk on the eve of their ICO.
Mistakes like this serve as a reminder that in the rapidly developing crypto world, it is important to be extremely careful even with a seemingly routine wallet cleanup. One wrong choice can turn a profitable investment into an unfortunate story, albeit with a comical ending.
