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Significant profit-taking just triggered on SOL-based Trophy Tomato project. A smart wallet locked in gains of $52.9k representing a hefty 2648% ROI, signaling strong early returns for early participants.
Current market snapshot shows the token sitting at an $11.5M market cap with $576k in liquidity. Trading activity remains robust at $4.4M over 24 hours, though buy-sell dynamics reveal a slight imbalance—buys hit $2.18M against $2.22M in sells. The token's price has dipped 2.5% in the last day, reflecting the recent whale exit momentum.
This type of large position closure often precedes a consolidation phase. Traders monitoring the chart should watch closely for renewed smart money entries, as they typically signal renewed confidence before any potential next leg up. The ratio of buying to selling pressure will be key to watch over the coming hours.