FARTCOIN (fartcoin.one) (FARTCOIN)

Memecoins are PVP and always will be.

And fartcoin dumping (literally) is a perfect example of that.

Whales tried to pump this because it’s easier to move than a deep, liquid market.

So they loaded up a huge ~$15M notional long on @HyperliquidX.

The bet was simple: push price hard enough, pull in momentum traders, let them carry it higher.

Once that artificial push stopped, there wasn’t enough real demand underneath.

Then the usual chain reaction started:

→ People sold the candle
→ Longs got liquidated
→ That forced even more selling

And that’s how we ended up with this clown fiesta.

As promised I came back to it!

It's been a few months. Just came here to remind you, to study charts, structure, and the relationship with price and time... Once you see those signs, and that Ichimoku structure, you start to pay attention!

New WP Cycle May 11th on the 1W Chart. 👺 https://t.co/yMnDDzYjHK

Someone spent $15M trying to manipulate Fartcoin, and it ended with a $3M loss.

It all started with four coordinated wallets that quietly built a $15M long position on Fartcoin across @HyperliquidX.

But the token dropped instead of pumping, and all four wallets got liquidated for $3M.

Here's the scheme they tried to run:

→ Build a large coordinated long position across multiple wallets
→ Wait for the price to pump
→ Take profits before the position gets force-closed

When the liquidation hit, Hyperliquid's Auto-Deleveraging mechanism automatically closed two short positions on the opposite side.

The 2 lucky wallets made ~$850K combined with zero effort.

A similar approach was used to drain $1.5M from the HLP vault just days earlier.

This attack vector will persist as long as low-liquidity tokens trade on the platform.