The trader who earned $4.9 million from $FARTCOIN trading has entered the market again. LookOnChain data observed the trader using 563,000 USDT to purchase 488,000 $FARTCOIN at current price levels within the last hour.
Their recent buy has increased their total $FARTCOIN holdings to 2.12 million tokens worth approximately $2.48 million. The massive transaction brought renewed speculation alongside excitement about the coin’s future development as a meme-coin.
A History of Smart Timing
The trader has already participated in the $FARTCOIN market before this current transaction. The coin attracted their attention when its market capitalization stood at $32 million. Their strategic purchasing and exit strategy resulted in $4.9 million of profit, which secured them a position among the most remarkable successes during this recent meme coin bubble.
The trading community from both crypto Twitter and DeFi spaces is in awe of this trader for their accurate market timing and strong willingness to invest in the dangerous cryptocurrency realm.
What’s Next for $FARTCOIN?
The trader confirmed their ongoing belief in the coin’s value potential by investing funds at a time when markets are at risk. The nature of this investment as a strong conviction strategy or tactical positioning remains uncertain. The acquisition of substantial buys in this case typically revives the attention of retail investors who subsequently boost short-term momentum in market prices.
The intense price movement of $FARTCOIN alongside rising whale investor activity has made investors watch this market with great anticipation. The same success that previously rewarded this daring investor seems hard to repeat.
