{"id":501483,"date":"2025-06-15T00:30:49","date_gmt":"2025-06-14T19:00:49","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=501483"},"modified":"2025-06-14T15:42:08","modified_gmt":"2025-06-14T10:12:08","slug":"whales-dump-bitcoin-for-fartcoin-whats-behind-this-surprising-move","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/whales-dump-bitcoin-for-fartcoin-whats-behind-this-surprising-move\/","title":{"rendered":"Whales dump Bitcoin for FARTCOIN: What&#8217;s behind this surprising move?"},"content":{"rendered":"<ul>\n<li><em>Smart money wallets aggressively bought FARTCOIN, with one whale investing $8.78M at $1.15 per token.<\/em><\/li>\n<li><em>A rejection at the resistance may lead to a pullback toward $1.00 or even $0.80 support.<\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/memecoins\/\" target=\"_blank\" rel=\"noopener\">Fartcoin [FARTCOIN]<\/a> was the main gainer in the memecoin market over the last 24 hours, rising by 15.4% to trade at $1.26.<\/p>\n<p>Its market cap hit $1.25 billion, pushing it into the top 20 memecoins by market value, as per <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>.<\/p>\n<h2>$40M wallet goes big on FARTCOIN and HYPE<\/h2>\n<p>Much of this rally stemmed from aggressive whale buying.<\/p>\n<p>Stalkchain&#8217;s data noted that Fartcoin became the most purchased token by smart money. This suggested an increase in the trust of institutional investors in decentralized exchanges [DEXs].<\/p>\n<p>Additionally, a single whale <a href=\"https:\/\/x.com\/OnchainLens\/status\/1933684481791258706?t=gMaZ83I6nn-DZE379zVW3Q&amp;s=19\" target=\"_blank\" rel=\"noopener\">used<\/a> $40.42M USDC, of which $8.78M was used to buy 7.6M FARTCOIN at $1.15 per token. The remaining amount was used to purchase 715,917 HYPE tokens at $41.16 each.<\/p>\n<figure id=\"attachment_501510\" aria-describedby=\"caption-attachment-501510\" style=\"width: 1338px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA.png\"><img decoding=\"async\" class=\"wp-image-501510 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA.png\" alt=\"fartcoin\" width=\"1338\" height=\"737\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA.png 1338w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA-300x165.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA-1024x564.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA-768x423.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/GtXTyfsbMAAUYhA-1200x661.png 1200w\" sizes=\"(max-width: 1338px) 100vw, 1338px\" \/><\/a><figcaption id=\"caption-attachment-501510\" class=\"wp-caption-text\">Source: Onchain Lens<\/figcaption><\/figure>\n<p>This whale rotated funds out of SOL, BTC, and ETH, taking a $2.17 million hit to reallocate into memecoins.<\/p>\n<p>That kind of conviction, especially after FARTCOIN&#8217;s prior 18% drop, suggests confidence in a bounce from current levels.<\/p>\n<p>Due to the extreme recovery and the eye of whales, FARTCOIN may be beginning a new accumulation duration.<\/p>\n<p>Having the smart money support and gaining momentum, the short-term upside was one of the main factors to monitor by both traders and investors.<\/p>\n<h2>Price action respects the channel<\/h2>\n<p>Technically, the FARTCOIN\/USDT chart continued a strong upward trend in the form of a rising channel, as it rebounded off the $1.15 -1.20 mid-range support.<\/p>\n<p>The daily chart saw regular higher highs and higher lows, confirming bullish power.<\/p>\n<p>However, the $1.60\u2013$1.70 resistance band stood firm.<\/p>\n<p>A close above this zone would open the path toward $2.16, where the upper trendline aligns with the next supply cluster.<\/p>\n<figure id=\"attachment_501585\" aria-describedby=\"caption-attachment-501585\" style=\"width: 1964px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08.png\"><img decoding=\"async\" class=\"wp-image-501585 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08.png\" alt=\"fartcoin\" width=\"1964\" height=\"907\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08.png 1964w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08-300x139.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08-1024x473.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08-768x355.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08-1536x709.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/06\/FARTCOINUSDT_2025-06-14_11-50-08-1200x554.png 1200w\" sizes=\"(max-width: 1964px) 100vw, 1964px\" \/><\/a><figcaption id=\"caption-attachment-501585\" class=\"wp-caption-text\">Source: Trading View<\/figcaption><\/figure>\n<p>On the reverse side, failure to overcome the supply area of $1.60 -1.70 could result in a corrective move back towards $1.15 -1.20 or lower.<\/p>\n<p>A break of price below that support would see the upward-sloping channel foundation around the $1 area, or even the wider demand area around the $0.80 level, become the new point of focus.<\/p>\n<p>So far, bulls have maintained control above the trendline, but the next leg higher hinges on a breakout above $1.50 backed by strong volume.<\/p>\n<p>Until then, consolidation inside the current range seems likely.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fartcoin led the market recovery of memecoins amid increased buying activity.<\/p>\n","protected":false},"author":98,"featured_media":501486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[5824,66,3,4,20],"tags":[6427],"class_list":["post-501483","post","type-post","status-publish","format-standard","has-post-thumbnail","category-memecoins","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Whales dump Bitcoin for FARTCOIN: What&#039;s behind this surprising move? 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