FARTCOIN Falters After Strong Weekly Gain
FARTCOIN's recent 17% weekly recovery has been disrupted by profit-taking and intensified liquidation pressure in the market.
The token had risen to $0.20 before a sharp drop, with seven wallets suffering large FARTCOIN liquidations within five minutes, totaling $12.93 million in value.
Exchange inflows have also added to the bearish sentiment, with spot flows reaching $470.15K at press time, indicating increased exchange-side supply and potential selling pressure.
Despite this, top traders on Binance have maintained their bullish bias, holding 66.7% long positions, which could provide support for FARTCOIN's price if buyers return after the profit-taking phase weakens.