💵💵Whale Sells Meme Coin Purchased 2 Months Ago: The Biggest Loser of the Day! 💵💵

Whale Sale in Fartcoin: Closed Position with $251,000 Profit

A notable whale in the cryptocurrency market sold its position in Fartcoin (FARTCOIN) today, which it invested in about two months ago, realizing a profit of $251,000.

According to data shared by the on-chain analysis platform Lookonchain, the wallet with the address 73FtSU liquidated 2.18 million FARTCOIN, which it purchased at an average cost of $1.06. The total value of the sale was recorded as $2.3 million.

As a result of this transaction, the whale attracted attention by closing its position with an approximate return of 12%.

Price Pressure Increasing in Fartcoin

On the other hand, following the whale sale, FARTCOIN has lost 7.5% of its value in the last 24 hours, making it one of the biggest decliners of the day. At the time of writing, Fartcoin is trading at $1.01.

Whale sales can often lead to short-term pressure in the market. Therefore, investors are closely monitoring the price movements of Fartcoin in the coming days.

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