FARTCOIN dropped approximately 15% in 24 hours, primarily due to overwhelming selling pressure, including large Longing position liquidations and "smart money" outflows, intensifying the memecoin's decline along with the overall weakening trend in the crypto market.
The volatility occurred amidst a memecoin market crash, mirroring the broader cryptocurrency market's overall decline following overnight liquidations. Trading and Derivative data revealed widespread selling pressure, undermining sentiment and reducing interest in FARTCOIN.
- FARTCOIN dropped approximately 15% in 24 hours as selling pressure prevailed and Longing positions were liquidated sharply.
- Net selling by "smart money" and a simultaneous decline in Open Interest across multiple exchanges indicate weakening speculative demand.
- Whales are selling off on a large scale, and while prices may rebound in the short term, the risk of breaking support remains high.
FARTCOIN price plummeted due to overwhelming selling pressure and liquidation of Longing positions.
FARTCOIN fell due to large selling volumes on the Pump.fun platform, "smart money" Capital, a surge in Longing liquidations, and declining Open Interest on many exchanges, creating a ripple effect that caused the price to slide rapidly.
Although FARTCOIN has a prominent volume within the Pump.fun ecosystem, the volume structure is unfavorable, with the majority of the total $16.8 million in recorded volume leaning towards the sell side, according to the data . When trading activity is concentrated on sell orders, the price is often under more downward pressure, especially during periods of high market risk.
Signals from the "smart money" trading group are also negative. According to Stalkchain ( reference ), approximately $100,000 of Capital from this group has left FARTCOIN's market Capital , a withdrawal exceeding that of other memecoins on Solana in the same context. Capital outflows from this group, considered to be trading with insider information, often amplify market defensive sentiment.
In the Derivative market, the rapid liquidation of Longing positions has forced a surge in selling pressure. In 24 hours, the market recorded approximately $2.3 million in Longing liquidated, more than 10 times the amount of Short. Total liquidations over the two days exceeded $5 million. Data from Lookonchain ( link ) also shows liquidations occurring in Doge and WIF, reflecting widespread weakness in the memecoin group.
Speculative interest continues to decline as Open Interest (OI) decreases across major exchanges. According to CoinGlass data , Medium OI fell by double digits at the time of recording, with some cases exceeding 25%. Bitget was an exception, down 1.42%. The list also includes DEXs, suggesting a synchronized decline in leverage demand for FARTCOIN.
Whale selling is exacerbating the decline in FARTCOIN.
Whales have been selling off on a large scale, increasing Capital outflows and reinforcing the downtrend within the descending channel; although a technical rebound may occur, the risk of a break below support remains.
On the chart, FARTCOIN is trading within a descending trend channel, and price structure points continue to form lower Dip . This development is consistent with the context of volume and money flow leaning towards selling, indicating that demand is not strong enough to reverse the trend in the short term, as profit-taking and stop-loss pressure remain dominant.
Large holders (whales) are believed to have significantly increased their selling by approximately $64.87 million, a similar Capital to the period around January 31st. When supply from large wallets increases, the market typically needs a corresponding amount of buying power to absorb it; otherwise, the downward movement will expand in both magnitude and speed.
At the time of recording, the price showed signs of bouncing towards the upper resistance zone of the downtrend channel, implying the possibility of a short-term retracement. However, this technical rebound does not rule out the risk of the price breaking below the lower support zone if liquidation and net selling continue to increase amidst a weakening memecoin market.
Short-term outlook: Technical rebound possible, but the trend remains at risk.
FARTCOIN's decline might temporarily halt if liquidation pressure eases, but with decreasing open interest and significant selling pressure from whales, the risk scenario remains a continued decline following the general trend of memecoin.
FARTCOIN is "following" the broader market trend: when the cryptocurrency market undergoes a sharp correction, memecoin is often hit hardest due to its high liquidation, leverage, and herd mentality. Therefore, signs such as decreasing open interest, excessive liquidation of Longing positions, and large Capital from wallets are often important indicators to monitor the sustainability of any rebound.
Frequently Asked Questions
Why did FARTCOIN drop by about 15% in 24 hours?
The main reasons are selling pressure dominating volume, "smart money" Capital, a sharp increase in Longing liquidations (approximately $2.3 million/24 hours), and decreased open interest across many exchanges, weakening the demand for leverage.
What does the decrease in Open Interest tell us about FARTCOIN?
A decrease in open interest (OI) typically indicates that traders are closing positions and reducing their leveraged betting levels. For FARTCOIN, CoinGlass data shows double-digit decreases in OI across many exchanges, in some cases exceeding 25%, reflecting a cooling of speculative interest.
What impact will the sale of a whale for $64.87 million have?
Selling pressure from whales increases immediate supply and can drive prices down sharply if buyers don't absorb it quickly enough. In a downtrend with high Longing liquidation, large selling volumes often increase the risk of support breaking.
Can FARTCOIN recover in the short term?
The price may experience a technical rebound upon touching the support zone and then bounce back to the resistance of the descending channel. However, this rebound does not guarantee a reversal if selling pressure, liquidation, and decreasing open interest continue.
