The Onchain Lens chain tracking account detected new activity in the whale wallet, where approximately $9 million was deposited to buy Fartcoin and HYPE tokens on a platform.

Data shows that the whale wallet was using TWAP strategies, splitting large purchases into smaller trades over time to reduce market impact. This strategy is frequently employed by whales and institutional investors looking to establish substantial positions without causing abrupt price fluctuations.

Fartcoin whales have made other notable moves prior to this recent accumulation. Large holders sold approximately $6 million in Fartcoin earlier this month to switch to PUMP tokens, according to on-chain data. While that raised concerns about short-term volatility, the recent whale buyback suggests that sentiment may be shifting.

The Fartcoin community has experienced impressive growth recently, marked by a notable increase in whale activity. According to data from HolderScan, the project currently has over 446,000 unique wallets, indicating growing adoption and investor confidence. Analysts often highlight that strong community backing helps meme coins maintain rallies that far exceed traditional technical fundamentals.

$FARTCOIN

$HYPE

$PUMP