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BlockBeats News, December 18, according to monitoring, the Meme coin FARTCOIN on the Solana chain experienced a brief drop of about 8.4%, hitting a low of $0.28 and is now trading at $0.29. In addition, according to monitoring, FARTCOIN liquidations on Hyperliquid accounted for about 38% of the entire network, with the largest short whale (0x7fd) continuously closing positions within the past hour. The current position size is approximately $7.79 million, with an unrealized profit of $1.75 million (226%). According to Arkham monitoring, this address is suspected to belong to the web3 asset management company Fasanara Capital, which has previously managed over $3.5 billion in assets and has a team dedicated to crypto asset arbitrage trading and lending.

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, approximately 38% of FARTCOIN's liquidation on Hyperliquid came from a single address, with the largest short whale (0x7fd) continuously closing positions in the past hour, currently holding a position of about $7.79 million with unrealized gains of $1.75 million (226%) According to Arkham monitoring, this address is suspected to belong to web3 asset management company Fasanara Capital, which has managed over $3.5 billion in assets and has a team dedicated to crypto asset arbitrage trading and lending.

BlockBeats News, December 18th, the Ethereum network's transaction throughput will once again increase next month, as developers plan to raise Ethereum's gas limit from 60 million to 80 million in January. However, Ethereum Foundation Developer Operations Engineer Barnabas Busa pointed out that before raising the block gas limit again, two client-side optimizations need to be completed, namely partial Blob response at the execution layer and maximum Blob flag setting at the consensus layer. All Ethereum core developers meeting participants will convene again on January 5th to confirm when to raise the gas limit after the second BPO hard fork. The first BPO hard fork took place on December 9th, increasing blob capacity by 66%; the second hard fork, expected to occur on January 7th, will further increase it by 66%. Ethereum developers and research community members have reached a consensus that the goal is to raise the network's gas limit to 180 million by the end of 2026. (Cointelegraph)