BlockBeats News, December 18th, according to GMGN monitoring, Solana-based Meme coin FARTCOIN experienced a short-term decline of about 8.4%, with the low point reaching $0.28 and is now trading at $0.29. In addition, according to HyperInsight monitoring, FARTCOIN's liquidation on Hyperliquid accounted for approximately 38% of the entire network, with the largest short whale (0x7fd) continuously closing positions in the past hour. The current position size is about $7.79 million with an unrealized profit of $1.75 million (226%), a liquidation price of $0.297, and is only about 2.3% away from being liquidated.Furthermore, according to Arkham monitoring, the address is suspected to belong to the web3 asset management company Fasanara Capital, which has managed over $3.5 billion in assets and has a team dedicated to cryptocurrency arbitrage trading and lending.