alert: wintermute is selling $fartcoin
FkaLnX17cXZGyeu3kZGdHCNdFMJJzBrPPYVvd18B3MZp
total $fartcoin outflow last day: ~$197K
the memecoin also showing sign of correction at the moment
top 1 holder "hyperunit" keep messing with $fartcoin
by relentlessly moving $fartcoin across deposit wallet and a 3rd wallet
> last 30 days has experienced a correction on this whale's portfolio: down from 113m to 75m (mostly deposit to cexs)
what's he trying to do?
$lab returned to $16.2 again and again
people finally need to accept that is a normal crypto activity where whale wallets maintain definitive control over the asset's liquidity pipeline, effectively dictating all real-time price action and directional momentum
while everyone is talking about $ansem
$lab's just completed a fake crash by an epic recovery 151%, and still rising
they thought the token was dead, like $esports when it plummeted from $21 down to $5.6 but on-chain signals show nothing supporting this claim
alert: selling signal is enlarging from $slx
17 hours ago, slx whale has distributed to a fresh wallet a total of 10.467M SLX (~$4.34M)
address: 3VKuRQx6JPbwYuev7jzfwpxU5aLfQSbJb28F11C3yFef
the new wallet then sold all on bybit exchange
bookmark?
while everyone is talking about $ansem
$lab's just completed a fake crash by an epic recovery 151%, and still rising
they thought the token was dead, like $esports when it plummeted from $21 down to $5.6 but on-chain signals show nothing supporting this claim
top 1 holder "hyperunit" keep messing with $fartcoin
by relentlessly moving $fartcoin across deposit wallet and a 3rd wallet
> last 30 days has experienced a correction on this whale's portfolio: down from 113m to 75m (mostly deposit to cexs)
what's he trying to do?
$wif top at ~$5b marketcap
$ansem right now at $355m market cap
only 7% progress. even as a floor model, @blknoiz06 should easily hit a $1b market cap, that’s literally just 25% of what $wif pulled at its peak ATH
follow the waves
how to throw millions of dollars?
meet $WIF deployer
he sold most of his wif for $29K, if he sold 350M WIF at ATH, he would have $1.7B in profit
now $ANSEM deployer did the same thing
he sold mostly for just $5.5K, missing millions in profit
top 1 holder "hyperunit" keep messing with $fartcoin
by relentlessly moving $fartcoin across deposit wallet and a 3rd wallet
> last 30 days has experienced a correction on this whale's portfolio: down from 113m to 75m (mostly deposit to cexs)
what's he trying to do?
i went long a couple of 'new' memecoins today:
• $FARTCOIN
• $PIPPIN
• $POPCAT
thesis:
• extremely oversold memecoins that are down 95–98% from ATHs and had peak mindshare for months during the last memecoin rally
• pretty decent OI and volume
• very strong spot and perps listings — POPCAT and PIPPIN are on Robinhood, Coinbase, and several other top-tier CEXs, while FARTCOIN is on Coinbase, Binance perps, Hyperliquid, and several other top-tier exchanges
• $FARTCOIN in particular is crazy underrated. for comparison, $SPX currently has a 2.4x higher market cap than FARTCOIN even though they both had similar ATHs, and FARTCOIN arguably has higher mindshare
• i think odds are good that the market as a whole has bottomed at least for a while, which should make it easier for these coins to move
• i think odds are good that these coins do not make new lows even if BTC tries to tag the lows again or make new lows
• all are $SOL memecoins. i expect SOL to outperform from here, which is bullish for the Solana ecosystem and memecoins, so i expect them to retrace a meaningful portion of the aggressive selloff they've had
• i'm targeting at least a few Xs on these
• while i have good reason to believe these memecoins have bottomed, i'll happily cut at any time if things do not play out as i anticipate
i've posted more detailed theses on all of the above coins in the past. with FARTCOIN in particular, i turned roughly ~$300k into $8m before getting wiped out on 10/10. i'm essentially trying to repeat that trade with a smaller amount. the core thesis for all of the above coins remains largely unchanged from what i've posted previously (feel free to search my X if you're interested); i just think the timing is much better now
i think it's important to add that i'm not calling a full macro bottom on $BTC & crypto here (although i'd be happy if we have). i originally believed the 4-year cycle was dead, and i ended up being wrong. if the 4-year cycle plays out as it has in previous cycles, we might not fully bottom until Q4. that said, these memecoins could still deliver easy 2–5x moves or more in a bear market echo rally
any way you look at it, i think the R/R favors being long here
just in: top whale is aggresively withdrawing $mplx from bithumb
and it still happening in real-time an hour ago till now
> 8gWZGqSho8cfF4M9zw2zdgzz9E1u1A2HVawiYAFPyWJA
> current holding 22.409m $mplx (~$790k)
alert: selling signal is enlarging from $slx
17 hours ago, slx whale has distributed to a fresh wallet a total of 10.467M SLX (~$4.34M)
address: 3VKuRQx6JPbwYuev7jzfwpxU5aLfQSbJb28F11C3yFef
the new wallet then sold all on bybit exchange
bookmark?
alert: selling signal is enlarging from $slx
17 hours ago, slx whale has distributed to a fresh wallet a total of 10.467M SLX (~$4.34M)
address: 3VKuRQx6JPbwYuev7jzfwpxU5aLfQSbJb28F11C3yFef
the new wallet then sold all on bybit exchange
bookmark?
$slx is printing massive volatility right now, perfectly syncing with real-time on-chain spikes
high-risk setup. absolute caution is mandatory when trading whales' playgrounds like this. manage your risk or get sidelined
alert: selling signal is enlarging from $slx
17 hours ago, slx whale has distributed to a fresh wallet a total of 10.467M SLX (~$4.34M)
address: 3VKuRQx6JPbwYuev7jzfwpxU5aLfQSbJb28F11C3yFef
the new wallet then sold all on bybit exchange
bookmark?
note this $slx address too
Eocyik5385N2BgT67zeRqeanF7ZoY7ftx5EAgUr2zzEL
this slx wallet works as an intermediary wallet is continuously receiving token accross different wallets and upbit to deposit all of them to bybit
the selling pressure is so high and still happening