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

Bitget App

Trade smarter

Bitget

News

Bitcoinsistemi2025/01/23 12:33

By:Mete Demiralp

According to cryptocurrency onchain data, a whale wallet made another purchase after selling TRUMP memecoins.

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.

Related News Standard Chartered Publishes Updated Bitcoin and Ethereum Price Forecast for 2025

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!