FARTCOIN Surges then Plunges 26%: On-chain Long Whale Liquidation Worth 38.88M, Suspected to be Same Market Manipulation Team behind XPL Flash Crash

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**FARTCOIN Flash Crashes 26%+ After 3-Day 57% Surge, Tied to Same Team Behind XPL’s April 3 Collapse** April 9 — Data from Coinglass and HyperInsight monitoring shows FARTCOIN has trended upward since April 6. Early this morning, it spiked over 27% intraday, pushing its 3-day cumulative gain to 57% and hitting a high of $0.252. But at 7:00 a.m. today, the token plummeted over 20% in 5 minutes, then extended losses to a total drop of more than 26% — bottoming below $0.18 and erasing most recent gains. On-chain monitoring links this trade to the same team that triggered a 40% flash crash in XPL on April 3 morning: both tie back to addresses **0xBc1D9760bd6ca468CA9fB5Ff2CFbEAC35d86c973** and **0x3dBE077e7986657E95e1CC50089f17a5a4AF0AaE**. The team began accumulating FARTCOIN shortly after the XPL crash. Their playbook mirrored the XPL incident: 1. Before FARTCOIN’s rally, they funneled funds into Hyperliquid via multiple addresses to open high-leverage long positions. 2. After locking in profits, they withdrew all margin — pushing liquidation prices to near-bankruptcy levels. 3. They then coordinated with other platforms to dump spot positions, triggering synchronized crashes in spot and futures prices. **Key Details:** - At 7:00 a.m. sharp, the team withdrew funds from 6 addresses simultaneously to the same liquidation price level (~$0.22), triggering $22.83 million in batch liquidations — directly sparking the flash crash. - Whales and large trading addresses (holding >$1M) that chased the rally were collectively liquidated for $38.88 million. - Post-crash, addresses **0x5e1** and **0x71c** opened high-leverage long positions within ~1 hour (with tight liquidation levels) — only to be fully liquidated at 7:52 a.m., driving further downside. All funds for these addresses trace back to 0xBc1D. Source addresses: 0xBc1D9760bd6ca468CA9fB5Ff2CFbEAC35d86c973 0x3dBE077e7986657E95e1CC50089f17a5a4AF0AaE

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