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A new wallet spent $1 million, equivalent to 7,886 SOL, to acquire 3.22 million FARTCOIN at an average price of $0.31.
A significant trader moved 6 million USDC to HyperLiquid, a derivatives platform, to establish leveraged long positions in Ethereum (ETH), Sui (SUI), and FARTCOIN, signaling strong bullish speculation on the assets.
A $362 million liquidation event, primarily affecting long positions, has highlighted structural stress within digital asset markets. The deleveraging comes as miners pivot to AI and macro liquidity signals a potential upward shift in 2025.