Two Addresses Dump $8.65 Million Worth of FARTCOIN, Leading to a 5% Price Drop

BlockBeats News, July 2nd, according to EmberCN monitoring, 2 addresses have recently dumped 8.2 million FARTCOIN in the past 5 hours on-chain (equivalent to $8.65 million), causing FARTCOIN to drop by 5% ($1.08 → $1.02).

· Address AY4p...7XP4 sold 5.9 million FARTCOIN on-chain 2 hours ago (equivalent to $6.23 million) and exchanged it for 40,958 SOL.
· Address 46aw...XN14R sold 2.3 million FARTCOIN on-chain 5 hours ago (equivalent to $2.42 million) and exchanged it for 2.423 million USDT.