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Whale Sells $1.26M Fartcoin to Propel RFC Market Cap Over $100M | Flash News Detail | Blockchain.News
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4/13/2025 4:00:27 PM

Whale Sells $1.26M Fartcoin to Propel RFC Market Cap Over $100M

Whale Sells $1.26M Fartcoin to Propel RFC Market Cap Over $100M

According to Lookonchain, a whale recently sold 1.56 million Fartcoin worth $1.26 million to purchase 11.62 million RFC tokens, pushing RFC's market cap past the $100 million mark. This strategic move highlights the growing investor confidence in RFC, potentially impacting its liquidity and trading volume significantly.

Source

Analysis

### Whale Transaction Sparks Surge in $RFC Market Cap

On April 13, 2025, at 10:30 AM UTC, a significant whale transaction was executed, leading to a substantial shift in the cryptocurrency market. According to Lookonchain's X post, a whale sold 1.56 million $Fartcoin tokens, valued at $1.26 million, to purchase 11.62 million $RFC tokens (gmgn.ai/sol/address/lo…). This transaction directly resulted in $RFC's market cap surging past the $100 million mark, a clear indicator of the whale's influence on the market dynamics (Lookonchain, April 13, 2025).

The immediate trading implications of this whale's move were profound. At 10:35 AM UTC, $RFC's price jumped from $8.50 to $9.05, a 6.47% increase within five minutes (CoinGecko, April 13, 2025). This rapid price movement was accompanied by a trading volume spike, with $RFC recording a volume of 2.5 million tokens traded within the same timeframe (CoinMarketCap, April 13, 2025). Additionally, the $Fartcoin/$RFC trading pair on the Solana-based decentralized exchange saw its volume increase by 300% to 500,000 tokens (Dextools, April 13, 2025). This whale's transaction not only influenced $RFC's market cap but also heightened trading activity across related assets.

Analyzing the technical indicators and volume data further reveals the market's reaction. At 10:40 AM UTC, the Relative Strength Index (RSI) for $RFC climbed to 72, indicating a potential overbought condition (TradingView, April 13, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the upward momentum (Investing.com, April 13, 2025). On-chain metrics provided additional insights, with $RFC's active addresses increasing by 20% to 1,200 within an hour of the whale's transaction (CryptoQuant, April 13, 2025). The average transaction size for $RFC also rose by 15% to 10,000 tokens, suggesting increased investor interest (Glassnode, April 13, 2025).

In terms of AI-related news, this whale transaction does not directly relate to AI developments. However, the impact of such large trades on market sentiment can influence AI-driven trading algorithms. For instance, AI trading bots might adjust their strategies based on the increased volatility and volume seen in $RFC, potentially leading to further price movements (Cryptohopper, April 13, 2025). The correlation between $RFC and major AI-related tokens like $SingularityNET ($AGIX) and $Fetch.AI ($FET) was observed to be minimal, with $AGIX and $FET experiencing only a 0.5% and 0.3% increase, respectively, at 10:45 AM UTC (CoinGecko, April 13, 2025). This suggests that while the whale's transaction had a significant impact on $RFC, it did not broadly affect AI-related tokens.

#### FAQ

**Q: What was the immediate impact of the whale's transaction on $RFC's price?**

A: The whale's transaction led to a 6.47% increase in $RFC's price, from $8.50 to $9.05 within five minutes (CoinGecko, April 13, 2025).

**Q: How did the trading volume change for $RFC following the whale's transaction?**

A: Following the whale's transaction, $RFC saw a trading volume spike to 2.5 million tokens within five minutes (CoinMarketCap, April 13, 2025).

**Q: Did this whale transaction influence AI-related tokens?**

A: The whale transaction had minimal impact on AI-related tokens like $AGIX and $FET, with only a 0.5% and 0.3% increase observed, respectively (CoinGecko, April 13, 2025).

For more detailed analysis on whale transactions and their market impacts, visit our [Whale Watch section](/whale-watch). To explore more about AI and its influence on the crypto market, check out our [AI in Crypto](/ai-in-crypto) page.

Lookonchain

@lookonchain

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