FARTCOIN price dips 20% as top whale takes profit
The post FARTCOIN price dips 20% as top whale takes profit appeared on BitcoinEthereumNews.com. A large-scale holder has just offloaded 3 million FARTCOIN. The meme token’s price has dropped 20% on the 24-hour chart. Meme cryptos have plunged after the latest criticisms from Solana’s co-founder. Digital tokens recorded mixed performances in the past 24 hours, with most coins plunging. The meme token space witnessed multiple activities. While Gemini announced DOGE and SHIB as collaterals, a dramatic move shocked the Fartcoin community. According to Lookonchain, address 24BLFj has dumped a massive 3 million FARTCOIN tokens, pocketing $3.65 million. The investor sold at $1.22 as Fartcoin plunged from the intraday high of $1.4017. Whale 24BLFj sold another 3M $Fartcoin($3.65M) at $1.22 9 hours ago. This whale bought 8.89M $Fartcoin(cost $2.31M) at an average price of $0.26 from Feb 26 to Mar 21. He still holds 1.89M $Fartcoin($2.16M), with a total profit of $8.07M(+349%).https://t.co/PwSotDsDwN pic.twitter.com/DXWPBFbb3n — Lookonchain (@lookonchain) July 29, 2025 The meme cryptocurrency fell to $1.1253, a 19.71% decline from the daily peak. While Solana co-founder’s latest criticism of meme assets contributes to FARTCOIN’s weakness, the whale sell-off adds to the selling pressure. Anatoly Yakovenko said NFTs and meme cryptocurrencies lack intrinsic value. Meanwhile, this whale has invested in Fartcoin since late February, accumulating 8.89 million coins at discounted prices. Notably, the whale spent $0.26 on average to purchase the assets between 26 February and 21 March. The strategic investment, worth only $2.31 million, has grown to a massive profit of $8.07 million, a 349% ROI. While the large-scale offload has impacted the markets, it also shows that the investor played a long game with FARTCOIN. Most importantly, the sale could indicate dwindling confidence in FARTCOIN’s short-term performance. Is the meme token set for further declines? Fartcoin has plummeted continuously from $1.6843 on 23 July. Nevertheless, the whale has not dumped all his stash. They still…
The post FARTCOIN price dips 20% as top whale takes profit appeared on BitcoinEthereumNews.com.
A large-scale holder has just offloaded 3 million FARTCOIN. The meme token’s price has dropped 20% on the 24-hour chart. Meme cryptos have plunged after the latest criticisms from Solana’s co-founder. Digital tokens recorded mixed performances in the past 24 hours, with most coins plunging. The meme token space witnessed multiple activities. While Gemini announced DOGE and SHIB as collaterals, a dramatic move shocked the Fartcoin community. According to Lookonchain, address 24BLFj has dumped a massive 3 million FARTCOIN tokens, pocketing $3.65 million. The investor sold at $1.22 as Fartcoin plunged from the intraday high of $1.4017. Whale 24BLFj sold another 3M $Fartcoin($3.65M) at $1.22 9 hours ago. This whale bought 8.89M $Fartcoin(cost $2.31M) at an average price of $0.26 from Feb 26 to Mar 21. He still holds 1.89M $Fartcoin($2.16M), with a total profit of $8.07M(+349%).https://t.co/PwSotDsDwN pic.twitter.com/DXWPBFbb3n — Lookonchain (@lookonchain) July 29, 2025 The meme cryptocurrency fell to $1.1253, a 19.71% decline from the daily peak. While Solana co-founder’s latest criticism of meme assets contributes to FARTCOIN’s weakness, the whale sell-off adds to the selling pressure. Anatoly Yakovenko said NFTs and meme cryptocurrencies lack intrinsic value. Meanwhile, this whale has invested in Fartcoin since late February, accumulating 8.89 million coins at discounted prices. Notably, the whale spent $0.26 on average to purchase the assets between 26 February and 21 March. The strategic investment, worth only $2.31 million, has grown to a massive profit of $8.07 million, a 349% ROI. While the large-scale offload has impacted the markets, it also shows that the investor played a long game with FARTCOIN. Most importantly, the sale could indicate dwindling confidence in FARTCOIN’s short-term performance. Is the meme token set for further declines? Fartcoin has plummeted continuously from $1.6843 on 23 July. Nevertheless, the whale has not dumped all his stash. They still…
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