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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
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Whale is Dumping This Meme Coin: Sold Again 2 Days Later! - Coin Bulletin
Whales are causing a surge in the market by selling millions of dollars worth of Fartcoin, while the coin's price maintains a strong position.
According to the on-chain analysis platform Lookonchain, despite the intense interest in Fartcoin, whales have started to realize profits. In the last 12 hours, a whale sold 4.76 million FARTCOIN at a price of $0.90, causing a surge in the market. This sale followed another whale sale that occurred four hours ago: 3.7 million FARTCOIN (3.32 million dollars) was released into the market at the same price.
The market is volatile, prices are still high
Despite all these sales, the price of Fartcoin is around 0.85 dollars at the time of writing, and its 24-hour volume exceeds 321 million dollars. Fartcoin, which has shown a remarkable surge of %79 in the last 7 days and %163 in the last month, continues to be an attractive area for whales and retail investors.
The same whale had also made a sale on April 12.