2025-12-16 08:53:17

On-chain data shows this surge was largely triggered by a coordinated group:

Hidden Wallet Cluster: Analytics (like Bubblemaps) revealed that 50 interconnected hidden wallets accumulated approximately $19 million worth of $PIPPIN

Supply Squeezing: 26 different addresses withdrew 44% of the circulating supply (worth approximately $96 million) from exchanges and moved it to cold wallets.

This reduced liquidity in the market; meaning even a small purchase could trigger a sharp price surge.

This 2,000% move in Pippin appears to be a professional "price operation," embellished with an #AI narrative, where whales locked in supply and those who shorted were liquidated.

PIPPIN-0.55%

Aguofthe

2025-12-16 08:49:39

The meme coin $PIPPIN surged 2,000% in a month, decoupling from the market despite having no prior news coverage.

In the last 24 hours, an additional $3.5 million worth of short positions were liquidated in #PIPPIN

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