According to Lookonchain, whale 2WfeaM, who previously secured a $368.5K profit from $Fartcoin and took a $168.6K loss on $TRUMP, has re-entered the $Fartcoin market by purchasing $2 million worth with USDC just two hours ago. The whale’s decision to avoid $TRUMP this time suggests a strategic pivot, potentially increasing short-term volatility and liquidity in $Fartcoin while signaling reduced confidence in $TRUMP. Traders should monitor $Fartcoin’s order books and trading volumes for signs of follow-on whale activity, as significant capital inflows from experienced wallets often trigger momentum trading and price swings. This type of activity is closely watched for setting short-term memecoin trend directions and may also impact correlated assets in the Solana ecosystem. (Source: Lookonchain via Twitter, Solscan)

According to Lookonchain, three major crypto whales collectively purchased 9.2 million Fartcoin ($9.5 million) within the past 4 hours, indicating significant accumulation activity. Notably, a fresh wallet (BGSLvB) withdrew 4 million USDC from Kraken to acquire 3.85 million Fartcoin at $1.04. Another whale (GvE26u) spent 3.63 million USDC to buy 3.57 million Fartcoin at $1.02. A third new wallet (56sxMc) used 12,000 SOL (worth $1.87 million) to buy 1.79 million Fartcoin. These large purchases at near-market prices signal strong whale confidence and could drive further price volatility and increased trading interest in Fartcoin, as reported by Lookonchain (source: Lookonchain Twitter, June 4, 2025).