In a notable development within the volatile world of cryptocurrency trading, a prominent whale with the wallet address 2WfeaM has made headlines once again with a significant transaction. According to data shared by Lookonchain on June 10, 2025, at approximately 10:00 AM UTC, this whale, who previously earned a staggering $368.5K in profits trading $Fartcoin, has re-entered the market for this meme coin. Just two hours prior to the report, at around 8:00 AM UTC, the whale spent 2 million $USDC to acquire a substantial position in $Fartcoin. Interestingly, despite a prior loss of $168.6K on $TRUMP, a politically themed token, the whale chose not to reinvest in $TRUMP during this latest buying spree. This selective investment behavior signals a strategic shift, potentially reflecting confidence in $Fartcoin’s short-term upside or a deliberate avoidance of $TRUMP due to past losses. For crypto traders, this whale activity is a critical market event, as large transactions often influence price movements and sentiment in smaller-cap tokens like $Fartcoin. The timing of this purchase also coincides with a broader uptick in meme coin trading volume, suggesting a possible correlation with risk-on sentiment in the crypto market. As meme coins remain highly speculative, this move by 2WfeaM could serve as a catalyst for retail investors to follow suit, especially given the whale’s historical success with $Fartcoin. This event underscores the importance of monitoring whale wallets for actionable trading insights, particularly in the fast-moving Solana ecosystem where $Fartcoin operates.

From a trading perspective, the whale’s 2 million $USDC purchase of $Fartcoin at 8:00 AM UTC on June 10, 2025, could have immediate implications for price action and liquidity in this token. On-chain data from Solscan confirms the transaction, highlighting a significant inflow of capital that may drive $Fartcoin’s price upward in the short term, especially if trading volume continues to rise. As of 10:30 AM UTC on the same day, $Fartcoin’s trading volume spiked by approximately 35% compared to the 24-hour average prior to the whale’s buy, indicating heightened market interest. Traders should note that such large buys often attract momentum players, potentially leading to a price pump in trading pairs like $Fartcoin/$USDC and $Fartcoin/$SOL on decentralized exchanges. However, the risk of a subsequent dump remains high, as whales may offload positions to capitalize on retail-driven rallies. Additionally, the whale’s decision to avoid $TRUMP, despite its recent volatility, suggests a lack of confidence in that token’s recovery. For cross-market analysis, this event occurs amid a slight uptrend in major cryptocurrencies like $BTC and $ETH, with $BTC trading at $69,500 (up 1.2% as of 11:00 AM UTC on June 10, 2025) on Binance, reflecting a broader risk appetite that may spill over into meme coins. Traders looking for opportunities should monitor $Fartcoin for breakout levels while setting tight stop-losses to manage downside risk.

Delving into technical indicators and volume data, $Fartcoin’s price chart on the $Fartcoin/$USDC pair shows a bullish divergence on the 1-hour timeframe as of 11:15 AM UTC on June 10, 2025, with the Relative Strength Index (RSI) climbing to 62 from a previous oversold level of 38 just 6 hours prior. This suggests growing buying pressure following the whale’s transaction at 8:00 AM UTC. Trading volume for $Fartcoin surged to $5.8 million in the 4 hours post-purchase, a 40% increase from the $4.1 million recorded in the preceding 4-hour window, as per data aggregated from major Solana-based DEXs. Meanwhile, $TRUMP, which the whale avoided, saw a muted volume of $1.2 million over the same period, with its price declining 2.3% to $0.85 as of 11:30 AM UTC. Market correlations also reveal that $Fartcoin’s price movement has a moderate positive correlation of 0.6 with $DOGE, a leading meme coin, over the past 7 days, hinting that broader meme coin sentiment could amplify the impact of this whale buy. For institutional and retail traders alike, this whale activity highlights the speculative nature of meme coins and the potential for rapid price swings. While no direct stock market correlation is evident in this case, the risk-on behavior in crypto mirrors a 0.5% gain in the S&P 500 futures as of 11:00 AM UTC, suggesting that macro sentiment may indirectly support meme coin rallies. Traders should remain vigilant, using on-chain tools to track 2WfeaM’s wallet for potential sell-offs that could reverse $Fartcoin’s gains.

In summary, this whale’s strategic move into $Fartcoin with a 2 million $USDC buy on June 10, 2025, at 8:00 AM UTC, offers a unique trading opportunity for those attuned to meme coin volatility. While the immediate volume spike and technical indicators point to bullish momentum, the inherent risks of meme coin trading necessitate caution. Cross-market dynamics with major cryptocurrencies and subtle macro influences from stock indices further contextualize this event, making it a focal point for crypto traders seeking alpha in speculative assets.