币界网报道：Background: FARTCOIN has recently experienced a major change in market dynamics, with a whale investor selling $2.3 million worth of tokens, causing market confidence to shake and triggering a chain reaction. The whale sold 2.18 million FARTCOIN two months after buying it, making a profit of about $251,000. This move occurred during a period when investor sentiment was already fragile. Main events: - The trading volume brought by the listing on Binance.US surged 66% to $373 million, but investor sentiment quickly turned negative, with the sentiment index falling to -0.59. - The price of FARTCOIN slipped to around $1.02, breaking through the previous support level. Although the technical chart still shows a cup-handle pattern, the buying power weakened. - On-chain data shows that there was a net outflow of $739,000 on June 20, indicating that selling pressure increased and investors tended to liquidate rather than hold. - Liquidation data shows that longs suffered a large loss. On June 20, long liquidations reached $103,000, while shorts were only $22,000, indicating that longs are at risk of betting on the rise too early. Potential impact: - Market sentiment and capital flows both show that sellers are dominant, and FARTCOIN may face deeper adjustments in the short term. - If buyers cannot quickly regain control, prices may test lower support levels, and the risk of further declines will increase. Summary: FARTCOIN is currently facing whale selling, negative sentiment, and long liquidation pressure. Although there is technical support, the momentum is weakened, and the short-term market outlook is unclear. Investors need to pay attention to changes in buying and selling power to determine subsequent trends.