This Whale’s Fartcoin Flip-Flop Could Blow Your Mind! 🐋💨

  • Hold onto your hats! A giant whale poked the Fartcoin pond and stirred up a $96.8 million splash.
  • One particularly gassy whale decided to unload $4.7 million worth of Fartcoin after a two-month nap.

In the mysterious world of Fartcoin [FARTCOIN], things got wildly peculiar on the daily charts—whale-sized flippers splashing about with reckless abandon. According to the ever-watchful EyeOnChain, these colossal creatures dove headfirst into a frenzy of buying and selling that would make even a seagull dizzy.

Of course, volume like this either means folks are scrambling to buy or desperately trying to offload—usually with plenty of gassy noise.

Let’s peek at those whales making waves. First off, in just two hours, one whale spent a whale-ish $2 million to snatch up 1.81 million Fartcoin tokens. After all that puffing, they’re lounging on a modest 1.81% profit — not bad for a day’s work, eh?

Meanwhile, another whale, apparently less sentimental, tossed $4.7 million worth of Fartcoin overboard, as Arkham Intelligence sniffed out.

This former holder bought their stash at bargain basement prices (between $0.2 and $0.3) a couple of moons ago, holding tight to $10.4 million worth of the smelly memecoin—until now, when they waved goodbye, clutching just $5.57 million of it.

The whale drama on both sides of the pond suggests these giant fish can’t decide if Fartcoin is a treasure or just a big, gaseous bubble waiting to burst. Despite all the sales, eager buyers are still snapping up coins faster than you can say, “Oops, did someone just let one rip?”

Fartcoin market movement

This buying feast has caused a rare thing called a negative Spot Netflow—which means more coins are fleeing exchanges into wallets (probably to sit there and stinky-smell in peace) than coming in. Over the last four days, this negative trend stuck around like bad breath after eating beans.

At the time of writing, spot netflow stands at a cheeky -$715.6k, proving the buyers’ muscles are flexing, pushing the RSI (a kind of mood ring for markets) right up to nearly overbought territory. Current RSI is 64, down from a boisterous 69, signaling maybe the buyers are starting to get a bit tired of the smell.

So, with whales blowing hot and cold, the big question is: will Fartcoin soar like a rocket built on beans, or will it crater like a whoopee cushion under a chair?

Are the Buyers Out of Wind?

AMBCrypto’s crystal ball suggests the mood is shifting from sunshine and rainbows to storm clouds and grumbles. The Weighted Sentiment has tiptoed back into negative—after a brief flirtation with positivity—and investors seem to be clutching their noses, worried about a correction.

Market sentiment chart

The tale grows murkier when we look at Longs and Shorts. More traders are now betting the price will plummet—55.26% are shorting Fartcoin, while only 44% hold out hope on the long side. When shorts dominate, it’s a bit like hearing more farts than laughs at a dinner party—people expect trouble ahead.

So yes, the crowd seems ready to bet against Fartcoin, expecting it to lose altitude like a balloon full of hot air leaking slowly.

Long vs Short positions

With volume swelling but bearish grumbles growing louder, the stage is set for some market fireworks—or maybe just a big whoopee cushion deflation. As whales start to unload and bears sharpen their claws, the price could wobble down to $1.03.

If that little $1.03 bridge crumbles, it might tumble below $1 faster than you can say “fart in an elevator.” But fear not, should the whales decide to blow their trumpets loud enough, the stinky memecoin might just puff back up to $1.20.

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2025-04-25 17:17