2026-01-20 05:09:59

Regarding the recent continuous decline of NPM, I have thought of a few possible reasons. First, we need to rule out extreme cases such as account hacking. If that's not the case, then we need to consider other possibilities—has the project team already distanced themselves from the project, repeatedly impacted by market negative sentiment (FUD)? Or is there pressure within the team to cash out, possibly through irregular methods to dump tokens? These are all issues that on-chain communities need to pay close attention to. Friends who are more active on the chain, could you help analyze the data and logic?

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QuorumVoter

· 01-23 01:11

Honestly, looking at the recent drop in npm, my intuition tells me someone dumped the market, otherwise it wouldn't be so straightforward. The team isn't really speaking out anymore, right? That says a lot. When FUD is everywhere, it's easiest to see who are true believers and who are just harvesting profits. This is the point of divergence now. Check the on-chain data for large account flows, and you'll know who's been selling off crazily recently—everyone's got a clear idea. Wait, if the account hasn't been hacked, then this is even more surreal...

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GasFeeBarbecue

· 01-22 22:10

Just dump the market directly, I really don't want to care anymore. I've seen too many tricks like this.

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IfIWereOnChain

· 01-20 05:37

Well, I think instead of guessing, it's better to look directly at on-chain data. The team's wallet movements are clear at a glance.

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LiquidityOracle

· 01-20 05:36

My intuition tells me that there's more to this sell-off than meets the eye; only by analyzing on-chain data can we see the true picture.

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just_here_for_vibes

· 01-20 05:36

Damn, another project team is dumping aggressively? I bet five bucks that the team is secretly liquidating.

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CountdownToBroke

· 01-20 05:35

It's broken, is another project team about to run away? Watching this, I start to question life...

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LiquiditySurfer

· 01-20 05:16

Dumping or FUD, it depends on whether the on-chain data will tell the truth... Large transfer records are clear upon inspection. If the team really plans to run away, the wallet address can't be hidden. This time, it looks like it has been repeatedly ravaged by emotions.

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EntryPositionAnalyst

· 01-20 05:13

Really, I feel that there must be something behind this drop in NPM. The team is either already lying flat or quietly dumping the market.

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