FARTCOIN's market cap drops by 10% in the short term, with over $7.87 million in liquidations across the entire network in the past hour, ranking first.

ChainCatcher reports that, according to GMGN monitoring, the market capitalization of meme FARTCOIN on the Solana chain has reached $300 million, a short-term decline of 10%, currently trading at $0.306. As a result, within the past hour, over $7.87 million in liquidations occurred across the network, ranking first, with nearly $9.56 million in liquidations over the past 4 hours. Long positions account for approximately 99%, and overall liquidations are second only to BTC. Additionally, according to HyperInsight monitoring, FARTCOIN liquidations on Hyperliquid account for about 47% of total network liquidations. The largest long position in FARTCOIN has an unrealized loss of $240,000 (97%), with a position size of approximately $2.5 million, a liquidation price of $0.297, and only about 2.3% away from liquidation. ChainCatcher reports that recent cryptocurrency market volatility has significantly increased, and investors should pay attention to risk management.