Currencies35132
Market Cap$ 3.95T-2.44%
24h Spot Volume$ 112.82B+0.37%
DominanceBTC55.05%+0.21%ETH11.91%-0.52%
ETH Gas0.51 Gwei
Cryptorank

FARTCOIN Whale Cashes Out $4.7M: What’s Next After the Big Sell-Off?


by Izabela Anna
for CoinEdition
  • Whale’s $4.7M FARTCOIN sell sparks debate over price direction and sentiment
  • FARTCOIN shows resilience at $1.08 support amid high volatility and consolidation
  • RSI and MACD signal bullish momentum, but caution grows near overbought levels

A high-profile FARTCOIN investor brought in a sudden price swing Wednesday, selling nearly $5 million worth of the surging meme coin after massive gains. Arkham data shows this investor accumulated $2.4M worth just two months ago (at $0.20-$0.30); their position hit $10.4M today before profit-taking. 

Seizing the opportunity from the massive price increase, the whale liquidated $4.7 million at an average price of $1.18. Despite selling millions, they still hold a $5.57M FARTCOIN position and converted $5.14M profit into USDC stablecoins. This strategic exit sparks market speculation.

Price…

The post FARTCOIN Whale Cashes Out $4.7M: What’s Next After the Big Sell-Off? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Top 3 Mid-Cap Altcoins to Watch as Bitcoin Falls Below $109K, ETH $4K

Top 3 Mid-Cap Altcoins to Watch as Bitcoin Falls Below $109K, ETH $4K

The crypto market has slipped over the past 24 hours, with Bitcoin dipping slightly b...
Aster Resolves XPL Perp Glitch with Refunds as Growth Momentum Accelerates

Aster Resolves XPL Perp Glitch with Refunds as Growth Momentum Accelerates

Aster DEX has completed compensation for users affected by abnormal price movements i...

FARTCOIN Whale Cashes Out $4.7M: What’s Next After the Big Sell-Off?


by Izabela Anna
for CoinEdition
  • Whale’s $4.7M FARTCOIN sell sparks debate over price direction and sentiment
  • FARTCOIN shows resilience at $1.08 support amid high volatility and consolidation
  • RSI and MACD signal bullish momentum, but caution grows near overbought levels

A high-profile FARTCOIN investor brought in a sudden price swing Wednesday, selling nearly $5 million worth of the surging meme coin after massive gains. Arkham data shows this investor accumulated $2.4M worth just two months ago (at $0.20-$0.30); their position hit $10.4M today before profit-taking. 

Seizing the opportunity from the massive price increase, the whale liquidated $4.7 million at an average price of $1.18. Despite selling millions, they still hold a $5.57M FARTCOIN position and converted $5.14M profit into USDC stablecoins. This strategic exit sparks market speculation.

Price…

The post FARTCOIN Whale Cashes Out $4.7M: What’s Next After the Big Sell-Off? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Top 3 Mid-Cap Altcoins to Watch as Bitcoin Falls Below $109K, ETH $4K

Top 3 Mid-Cap Altcoins to Watch as Bitcoin Falls Below $109K, ETH $4K

The crypto market has slipped over the past 24 hours, with Bitcoin dipping slightly b...
Aster Resolves XPL Perp Glitch with Refunds as Growth Momentum Accelerates

Aster Resolves XPL Perp Glitch with Refunds as Growth Momentum Accelerates

Aster DEX has completed compensation for users affected by abnormal price movements i...