According to Lookonchain, a major crypto whale created a new wallet (3NgFx6) and executed a purchase of 1.68 million Fartcoin by spending 14,850 SOL (valued at $2.48 million), as confirmed on Solscan. This significant on-chain transaction highlights growing whale interest in emerging memecoins on the Solana network. Traders should monitor SOL and Fartcoin closely, as such large-scale acquisitions often precede price volatility and liquidity shifts. The movement also signals continued capital inflow into the Solana ecosystem, which could impact both SOL and related memecoin markets. Source: Lookonchain (Twitter), Solscan.

According to Lookonchain, three major crypto whales have shown bullish behavior on $TRUMP ahead of the Trump dinner event. Fresh wallet H7EZf5 withdrew 199,423 $TRUMP, valued at $2.93 million, from Binance just 50 minutes ago, a move often associated with holding rather than selling. Meanwhile, whale 2WfeaM spent $2 million USDC to acquire 136,398 $TRUMP and another $2 million USDC to buy 1.5 million $Fartcoin in the past 10 hours. These significant transactions suggest strong investor confidence in $TRUMP's near-term price action, likely driven by increased attention surrounding the Trump dinner, and may impact broader meme coin trading sentiment. (Source: Lookonchain on Twitter, May 21, 2025)