The post Whale Accumulates Fartcoin As FTM Swaps Signal Smart Moves appeared on BitcoinEthereumNews.com.

Whale earns $3.33M trading Fartcoin, then reinvests $9.97M at a higher price.   Fartcoin drops 3.46% as daily volume sinks 35.90% despite whale accumulation.   Wallet swaps $2.7M USDC to FTM via aggregators, signaling strategic Fantom exposure. Large-volume token movements in Fartcoin (FARTCOIN) and Fantom (FTM) have raised attention across on-chain analytics platforms. One whale wallet made multimillion-dollar Fartcoin transactions, while a separate address carried out structured USD Coin (USDC) swaps into Fantom, indicating targeted positioning in both ecosystems. According to data from Lookonchain, a whale spent $9.97 million to repurchase 11.21 million FARTCOIN tokens at an average price of $0.89 per token. The accumulation occurred approximately eight hours before the data snapshot, following a previous profitable cycle. Earlier, the same wallet bought 13.39 million FARTCOIN at $0.61 per token for a total of $8.15 million. The wallet then exited the position at an average sale price of $0.86, making an estimated $3.33 million in profit. The new buy-in at a higher price point reflects continued interest in the asset, though no further transactions have been confirmed since. Fartcoin Price Falls Amid Volume Decline Despite renewed accumulation by a major holder, Fartcoin recorded a 3.46% price decline in the last 24 hours. The token dropped from a high of $0.9019 to $0.8715. The market cap remains steady at $871.53 million, aligned with the token’s fully diluted valuation due to nearly full circulation, 999.99 million of the total 1 billion tokens. The trading activity during the 24-hour period reached a total of $291.62 million and diminished by 35.90%. Trading liquidity levels decline as indicated by a 33.82% volume-to-market-cap ratio. During this period the token’s price fell to $0.80 then rebounded only slightly. The token’s profile score stands at 40% indicating it shows average levels of both trading participation and engagement. USDC-to-FTM Swaps Point…

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Filed under: News - @ April 17, 2025 7:18 am