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A Solana memecoin wallet just posted a major exit signal. The address locked in a $64.8K profit on $NMB—a stunning 1,778% return from their initial entry point.
Here's what stands out: the token started with a market cap around $367K when this holder jumped in, now sitting roughly 30× higher. Currently, $NMB trades with $367K market cap and $30K in liquidity—definitely tight on the exit lane. The 1-hour trading volume hit $1.9M, though the buy-to-sell ratio (2,040 buys versus 438 sells) masks a concerning detail: that winning wallet just dumped 10 successive sells worth $3.6K straight into SOL in under 30 seconds.
This move screams exit, not consolidation. When early winners start converting back to the base asset this aggressively, it's often the signal retail traders miss until it's too late.
The pressure on liquidity is real here. With only $30K backing the pair, any sharp selling could spiral fast. If you're tracking similar patterns, tighten your stops now—don't wait for confirmation. Watch how the next accumulation phase unfolds; these flipper wallets usually telegraph their next moves through on-chain activity if you're paying attention.