Whales Quietly “Withdraw” From This Altcoin After Taking Huge Profits

Whales Take Big Profits on Memecoin FARTCOIN.

A crypto whale has made a sensational sale of $1.53 million worth of FARTCOIN , nearly matching the initial purchase price. On-chain data provided by analytics platform Arkham Intelligence shows that a wallet address named DaCa short bought $1.6 million worth of FARTCOIN two weeks ago .

Taking advantage of the recent price increase, this whale has withdrawn all capital , and is currently holding about 500,000 USD in pure profit in FARTCOIN , equivalent to the profit after closing the original.

Memecoin “FARTCOIN” is a hit, but still has many risks
FARTCOIN is an altcoin belonging to the memecoin line operating on the Solana platform , known as a network phenomenon recently.

However, this token is not yet listed on major exchanges like Binance or Coinbase , and thus remains out of reach of mainstream investors.

The price of FARTCOIN is currently 54% lower than its peak set three months ago , indicating very high volatility.

However, in the past month alone, the token's price has increased by 132% , creating conditions for speculators to make quick profits.

Big money is still hunting for opportunities in memecoin
The DaCa whale deal shows that speculative money has not yet withdrawn from the memecoin market , especially small but viral projects.

While it remains unclear whether FARTCOIN will maintain its bullish momentum, this is a reminder for retail investors to be cautious before getting involved in highly volatile tokens that are unproven in terms of legality and liquidity.