Whale Offloads 5 Million FARTCOIN Tokens Amid Price Decline
A significant whale transaction has rattled the Fartcoin (FARTCOIN) market, with 5 million tokens sold for $5.92 million USDC at $1.18 per token. The move, tracked by Onchain Lens, signals profit-taking after a month-long uptrend fueled by smart money inflows.
Meme coins like FARTCOIN remain highly volatile, with large holders capable of triggering outsized price movements. This sale underscores the speculative nature of such assets, where rapid gains often prompt swift exits.