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Whale whale FARTCOIN position change: nearly 100,000 coins taken profit, still holding multi-million-level long positions
【BiTi】On-chain data shows that a seasoned long whale made a position adjustment at 11:00 AM today. This trader took profit and reduced their FARTCOIN long by 93,992.7 tokens, earning a substantial arbitrage profit. Interestingly, they did not fully exit the market but instead continued to hold a large long position with 10x leverage, currently still holding over 11.65 million FARTCOIN.
According to on-chain tracking data, the average entry price of this position is $0.3908, with an unrealized profit of $42,000 as of today. From this layout, it appears that this whale still has considerable confidence in FARTCOIN’s future prospects. While taking profits to lock in gains, they also leverage up to continue going long. This operational approach reflects a subtle market game—aiming to secure profits while not completely missing out on potential upward movements.