The Whale Regretted the Meme Coin He Sold with Profit, He Bought It Again at a More Expensive Price! - Coin Newsletter

A whale bought back the Fartcoin (FARTCOIN) it had recently sold, this time at a higher price. On-chain data shows a new investment of around $10 million.

Fartcoin, which has become the new star of the meme coin trend, is on the agenda this time with a big whale movement. According to data from on-chain tracking platform Lookonchain, one whale spent around $10 million to raise 11.21 million FARTCOINS.

The investor had previously purchased $8.15 million and bought 13.39 million FARTCOIN at an average price of $0.61. He then sold those assets at around $0.86 for a profit of $3.33 million. Now, the same investor has taken a position again, this time buying back FARTCOIN at around $0.89. This move may indicate that the investor is maintaining a bullish outlook.