#FARTCOIN FARTCOIN tokens have recently faced several major negative factors, mainly including whale sell-offs, leveraged position liquidations, and weak intrinsic value, as detailed below:

- Heavy whale selling pressure: Previously, whales sold over 1.6 million FARTCOIN for $1.27 million, resulting in a loss of $1.14 million. Large whale investors withdrew their funds, triggering market panic and causing other investors to follow suit in selling, which put downward pressure on the price.
- Margin position liquidation risk: On January 8, according to OnchainLens monitoring, some long positions of whale addresses in FARTCOIN were partially liquidated. Within just two days, the account’s profit of $5.8 million turned into a loss of approximately $1.87 million, and they still hold long positions with an unrealized loss of about $747,000, very close to further liquidation, which could trigger additional selling.
- Strong bearish market sentiment: On Binance exchange, FARTCOIN contract trading volume reached 1.76 million trades, with over $5.8 million in longs liquidated. The weighted financing rate for positions showed deep red, with a low of -0.04, indicating strong short-selling pressure and a bearish market sentiment.
- Weak intrinsic value: FARTCOIN is a meme coin based on the Solana (SOL) blockchain. Although its market cap exceeds $300 million, it lacks practical use cases. Its value mainly depends on social media promotion and community participation. During unfavorable market conditions, it is prone to price declines due to the lack of fundamental support.