Signs from Whales, Is Fartcoin Price Facing a New Bearish Pressure?
2025-06-23
The Fartcoin price has recently come under scrutiny after a mysterious whale made a massive move just before a widespread liquidation event shook the market.
Recent whale activity and a sharp wave of liquidations have left traders questioning whether a deeper price drop is on the horizon. With on-chain metrics flashing red and resistance building, the coin's short-term fate hangs in the balance.
Fartcoin Price Today: Whale Activity
Source: Coinmarketcap
On June 20th, a wallet tied to wiftardio.sol withdrew $2 million in USDC and instantly bought 2.125 million Fartcoin at $0.94.
That move came just before $6 million worth of long positions were wiped out, triggering speculation that the buy may have been a trap for retail investors, rather than a bullish signal.
At the time of writing, FARTCOIN price is trading at $0.9359, reflecting a 9.49% drop in just 24 hours. Could this sharp decline mark the beginning of broader bearish pressure?
Read More: Can Fartcoin Reach $10? Of Course, with Conditions
Market Data Points of Fartcoin Price
It’s not just the whale move that’s raising red flags. The broader Fartcoin market indicators show a clear tilt toward bearish sentiment.
Persistent Outflows
On June 21st, FARTCOIN price saw net outflows of $79.3K, continuing a pattern of negative flow over the past week.
When tokens are consistently moving off exchanges, it usually means traders are taking profits, or cutting losses. That’s not a great sign for long-term accumulation.
Declining Open Interest
Open Interest (OI), a key metric showing the number of outstanding derivatives contracts, dropped 9.74%, now sitting at $557.44 million.
This sharp decline followed the liquidation cascade and indicates that traders are stepping back, reducing their exposure rather than doubling down.
Read More: Is Fartcoin Preparing for a Crash?
Fartcoin Price: New Resistance Zone
Using Binance’s liquidation heatmap, analysts have identified dense clusters of liquidations in the $0.95 to $1.00 range. These areas, where many traders were previously liquidated, now act as psychological resistance. Why?
Because once price climbs back to those levels, many traders who were underwater will likely sell at breakeven, adding to the selling pressure. As a result, even modest upward price movements could be rejected below the $1.00 threshold.
Read More:
Bearish Indicators of Fartcoin Price
Here’s the key indicators pointing toward bearish continuation:
1. Neutral Funding Rates
Funding rates for FARTCOIN are currently flat, with slight dips into negative territory. This suggests that traders aren’t overly bullish or bearish, but mostly cautious. Normally, bullish markets see positive funding rates, as traders are willing to pay premiums to hold long positions.
2. Demand Zone Holds, For Now
FARTCOIN did bounce off a demand zone near $0.915, which also aligns with the 0.786 Fibonacci retracement level. But here’s the catch: the price is still below the ascending trendline and has failed to reclaim key resistance at $1.05.
Unless bulls can flip those levels convincingly, the structure remains weak. If sentiment doesn’t turn, price could fall toward $0.86 support in the coming days.
3. No Market-Wide Confidence
Despite the whale buy, there’s been no follow-through from other traders or institutions. This lack of volume and confirmation casts further doubt on whether the $2 million move was bullish, or just a liquidity trap.
Read More: Fartcoin Price Prediction: Will It 10× Again After the Roadmap Listing?
Conclusion
While the recent whale activity initially stirred curiosity and short-lived excitement, deeper analysis suggests it may have been a strategic exit, not a bullish bet.
With negative net flows, shrinking open interest, flat funding rates, and rising resistance levels, the outlook for Fartcoin price in the short term appears bearish.
Unless bulls mount a strong comeback and reclaim the $1.05 resistance, FARTCOIN could face increased sell-side pressure, potentially dragging the price down to $0.86 or lower. For now, caution seems to be the wiser approach.
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FAQ
What is the current Fartcoin price?
At the time of writing, FARTCOIN price is trading at approximately $0.9359, down nearly 9.5% in 24 hours.
Why is Fartcoin dropping?
The drop appears tied to a combination of whale activity, mass liquidations of long positions, negative exchange flows, and a general lack of market confidence.
Is the recent whale buy bullish?
Unlikely. The timing of the $2 million purchase just before major liquidations, followed by declining metrics, suggests it may have been a liquidity exit, not accumulation.
What levels should traders watch?
Key resistance lies around $0.95–$1.00 and again at $1.05. If those levels aren’t reclaimed, support may be tested at $0.86.
Is now a good time to buy Fartcoin?
Not necessarily. Until technical indicators flip bullish and confidence returns to the market, FARTCOIN remains in a vulnerable position. Always do your own research and manage risk carefully.
Disclaimer: The content of this article does not constitute financial or investment advice.
