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Detected by Onchain Data: Whale Buys a New Memecoin After Selling All TRUMP Tokens

source-logo  en.bitcoinsistemi.com 22 January 2025 22:50, UTC
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According to cryptocurrency onchain data, Ansem, a popular influencer among memecoin investors, especially in the cryptocurrency community on X, purchased 1 million $FARTCOIN.

In addition, a crypto whale known by the address sbfonchain.sol interestingly sold all Official Trump ($TRUMP) memecoins and bought $FARTCOIN. The data shows that the whale sold a total of $3.05 million worth of $TRUMP and bought $2 million worth of $FARTCOIN. The whale created wallet $FARTCOIN positions at an average price of $1.73.

At the time of writing, $FARTCOIN is trading at $1.93.

The whale wallet lost a total of $204,000 from $TRUMP tokens, while it made a total profit of $2.26 million from $FARTCOIN, but did not realize these.

Indeed, there have been unusual events in the memecoin world recently. Following US President Donald Trump's official memecoin $TRUMP, his wife Melania Trump also launched a memecoin called MELANIA, and immediately afterwards there was a sudden drop in the price of $TRUMP.

*This is not investment advice.

en.bitcoinsistemi.com