$FARTCOIN Price Plummets 20% as 6.5M Tokens Hit Exchanges

$FARTCOIN has seen its price decline accelerate after more than 6.5 million tokens reportedly hit centralized exchange hot wallets within 24 hours.

The transfers followed a price rejection around the $0.181 level, where sellers disrupted the memecoin's previous recovery attempt.

According to CoinGlass, around 957,090 $FARTCOIN valued at nearly $164,800 were transferred from Coinbase Prime Custody into Coinbase Hot Wallet.

Additionally, another 3.48 million tokens, worth over $600,000, also reportedly entered Gate.io through three coordinated transfers.