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A significant whale wallet just secured $58.3K in profits with an astounding 6,241% ROI on $NPM tokens. The wallet executed 9 transactions in rapid succession, then transferred 120 SOL (approximately $24K) to a major exchange.
The token itself is showing explosive movement—up 159,695% in the last 24 hours. However, the metrics reveal caution: the market cap sits at $6.1M against $174M in trading volume, with just $410K in liquidity. That volume-to-mcap ratio is stretched.
Early whale exits like this often foreshadow a potential blow-off top. The timing of these large liquidations, paired with thin liquidity, can signal exhaustion in the rally. Keep tabs on this wallet's next moves and monitor the overall sell pressure—these are critical signals to watch closely.