Significant Memecoin Accumulation by Crypto Whale

In a recent development, a crypto whale wallet has executed a notable memecoin accumulation. According to data from Onchain Lens, the whale withdrew $1.72M in USDC from Binance to purchase 1.79M $FARTCOIN. The analytics provider’s X post highlights the whale’s growing confidence in the potential upside and liquidity of $FARTCOIN. This move has sparked speculation about impending notable developments within the memecoin sector.

> A whale withdrew $1.72M $USDC from #Binance and bought 1.79M $FARTCOIN at a price of $0.96.
>
> Address: 8BUpZser9HYAxaNQmKbeYcd3J3am2EQCwpDNKFLhKtec
>
> Data @nansen_ai pic.twitter.com/NQUGesRhYL
> — Onchain Lens (@OnchainLens) August 17, 2025

Crypto Whale Bets $1.72M $USDC on $FARTCOIN Amid Growing Memecoin Adoption

The on-chain data shows that the whale wallet is involved in the PEGD leaderboard and liquidity pools of Solv Protocol. Specifically, it has withdrawn $1.72M USDC from Binance to buy 1.79M $FARTCOIN. The wallet’s transactions vary in amount, ranging from $157.87K to $448.44K, with the largest single transaction at $433.77K in $FARTCOIN and the smallest outflow at $151.87K. These transactions occurred shortly before, indicating a rapid accumulation strategy.

Big $FARTCOIN Buyout Triggers Speculation of Broader Memecoin Rally

According to Onchain Lens, the whale’s aggressive accumulation of $FARTCOIN could signal a broader adoption trend of memecoins. While memecoins are known for their volatility, the whale’s significant acquisition of 1.79M $FARTCOIN may ignite retail interest and increase on-chain activity. Traders and market observers are closely monitoring for the onset of a price rally.