Fartcoin is currently facing strong selling pressure as many whales have dumped over 8 million Tokens, causing panic in the community and pushing the price into a critical support zone.
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Two Fartcoin whales dumped 8.2 million Tokens, equivalent to 8.43 million USD.
The volume of Tokens pouring into exchanges increased sharply, creating intense selling pressure.
Technical indicators and market sentiment suggest the possibility of Fartcoin's price dropping to 0.95 USD.
How did two Fartcoin whales dump 8.43 million USD worth of Tokens?
Statistics from Lookonchain confirm that two Fartcoin whales have dumped a total of 8.2 million Tokens worth 8.43 million USD during the price range around 1 USD.
Specifically, one whale sold 5.9 million Fartcoin in exchange for 40,959 SOL (~6 million USD), while the other whale liquidated 2.3 million Tokens, bringing in 2.42 million USD. This event is often a warning sign for the next deep correction.
The large sell-offs by whales when the market is not rising reflect a lack of confidence and may lead to a stronger downtrend.
John Miller, Investment Strategy Director, Crypto Insights, July 2025
Why do retail investors quickly follow the movements of whales?
Data from CoinGlass shows that the inflow of Tokens to exchanges surged to 436 thousand USD, proving that selling pressure from retail investors is increasing correspondingly.
This is a historical signal indicating that a sell-off may occur soon, as the amount of Tokens wanting to be sold exceeds the amount withdrawn from exchanges, negatively impacting the price.
According to Coinalyze data, the selling volume of Fartcoin reached 14 million USD while the buying volume only reached 12 million USD on July 2, creating a -2 million USD gap, indicating strong distribution power in the market.
What is the current market sentiment for Fartcoin?
The Weighted Sentiment index of Fartcoin according to Santiment quickly shifted to negative territory with a level of -0.681 at the beginning of July 2025, indicating that investors are moving to a pessimistic state and exiting positions hastily.
When the sentiment index falls deep below 0, reflecting shaky investor confidence, it can lead to panic selling.
Anna Lee, Cryptocurrency Market Analyst, Santiment, July 2025
Can Fartcoin maintain the support level of 1 USD or will it continue to decline?
Technical analysis from TinTucBitcoin indicates clear bearish signals as Stochastic RSI drops to 70 after a bearish crossover, suggesting price momentum is shifting from bullish to bearish.
The Directional Movement Index (DMI) serves as a confirmation, with the positive index dropping to 20, confirming that sellers are dominating.
Combining indicators, it is likely that Fartcoin will break the support level of 1 USD and decline to the 0.95 USD range in the short term. However, if buying power returns strongly, the price may still hold and advance to the resistance level of 1.2 USD.
Source: TradingView
Frequently Asked Questions
What is Fartcoin and why does its price fluctuate significantly?
Fartcoin is a memecoin, with high volatility often caused by low liquidity and the impact of whales leading to large sell-offs.
Can Fartcoin whales continue to sell off?
According to on-chain data and market sentiment, whales may continue to dump Tokens if the price exceeds the support level of 1 USD.
Which technical indicators help predict the trend of Fartcoin?
Stochastic RSI and Directional Movement Index (DMI) are important indicators that reflect price momentum and the dominance of buyers or sellers.
How should retail investors act during this period?
Investors should closely monitor technical indicators and market sentiment, consider reducing portfolio weight, or placing stop-loss orders to hedge against price risks.
Can the price of Fartcoin recover in the short term?
Fartcoin has the potential to recover if buying power increases again; however, it must exceed the resistance level of 1.2 USD to confirm a positive trend.
Source: https://tintucbitcoin.com/fartcoin-mat-84-trieu-usd/
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