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Cryptocurrency News Articles

NEXPACE (NXPC) Coin Skyrockets 77.8% After Whale Profits $3.8M

May 16, 2025 at 10:01 am

Analytics data provider Lookonchain on X has brought the market’s attention to a crypto whale who has succeeded in profiting on NEXPACE (NXPC).

NEXPACE (NXPC) Coin Skyrockets 77.8% After Whale Profits $3.8M

An anonymous crypto whale has reportedly managed to profit $3.8 million from a short-term investment in NEXPACE (NXPC), a token associated with the MapleStory Unviverse, as reported by crypto analytics data provider Lookonchain via X on Thursday.

According to the report, the whale spent 500,000 USDT to buy 3.3 million NXPC coins, which are worth approximately $12.9 million. The whale successfully bought the coins at a price of only $0.152.

The smart trader walked away with $3.3 million in profits, even though he did not sell the NXPC coins during peak price period.

Per Lookonchain, the trader used the Puissant, BlockRazor, and bloXroute trading tools simultaneously to protect his trade from frontrunning and sandwich attacks.

He reportedly paid 18 BNB coins valued at approximately $11,700 for these services, allowing him to accumulate NXPC upon launching.

“[The] NXPC snipe combines rapid trade automation from Puissant, MEV simulation and hardening from BlockRazor, and private relays from bloXroute. It also avoids most mempool traps, resulting in minimal slippage and precise entry at the initial launch window,” Lookonchain explained.

While Puissant triggers the buy at the first hint of liquidity, BlockRazor previews and hardens the route against sandwich attacks.

In addition, bloXroute runs the playbook off-mempool for near-instant confirmation.

The latest whale trade has lowered the pressure on the open market to sell NXPC. This crypto news led to an outstanding surge.

According to CoinMarketCap data, NXPC price was trading at $2.64 at press time, up 77.8% in the past 24 hours.

This spike has pushed the market cap to over $447 million and the trading volume to $1.5 billion.

Intriguingly, the spike in the price of NXPC coincides with the latest listing on Binance, one of the world’s top crypto exchanges.

NXPC’s circulatory supply is 169,040,000 coins, representing 16.9% of the total supply. It will become available on Binance Alpha on May 14, 2025, at 6:00 UTC.

Upon listing, users can trade NXPC against cryptocurrencies and stablecoins, including Binance Coin (BNB), Tether (USDT), and Circle’s USDC.

In addition to the spot listing, NXPC has secured a futures listing on Binance. The exchange will offer traders up to 50 times leverage, allowing them to trade with borrowed funds.

Before trading commences, Binance will conduct an airdrop event for NXPC coins. Users will receive 3% of the total NXPC supply through the airdrop.

Disclaimer:info@kdj.com

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Other articles published on Jun 07, 2025