2026-01-07 02:20:56

Recently, by observing Pippin's on-chain transaction data, an interesting phenomenon has been discovered—almost every large transaction exhibits clear whale activity characteristics. The size, frequency, and time intervals of these transactions all seem somewhat suspicious.

What’s more noteworthy is the direction of the transactions. Many times, these whales' buy and sell operations appear to be talking to themselves—funds flowing from Wallet A to Wallet B, then flowing back in a similar amount. This pattern is often jokingly referred to by market participants as "left hand to right hand."

There are several possible explanations behind this: first, creating false trading volume and market hype; second, generating price fluctuations through large transactions to profit from the movements; third, implementing more complex arbitrage strategies on-chain. Regardless of the case, this reflects some liquidity gaming and information asymmetry phenomena in the current market. For ordinary traders, recognizing such on-chain patterns can help us view market data more rationally.

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just_another_wallet

· 01-09 09:47

Playing with the left hand and right hand so obviously, they really think retail investors are blind.

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GasFeeSobber

· 01-09 00:14

The old trick of left hand versus right hand is tired. Is Pippin just acting, or has liquidity truly dried up?

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Lonely_Validator

· 01-07 02:50

Playing with your left hand while pretending to be right, huh? This is the false prosperity we see... Whales are hyping themselves up, retail investors are taking the bait—same old tricks. Looking at Pippin's data, it just doesn't seem right; the trading volume feels like an illusion. Such obvious self-transfer tricks, and people still fall for it? How greedy can you be? On-chain data transparency is a joke; each scheme is more sophisticated than the last.

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CommunityWorker

· 01-07 02:50

Pippin this move, playing with both hands, quite impressive, huh? We retail investors are just the little guys. --- It's another giant whale having fun, this crypto circle really is a big stage for acting. --- Damn, I've been tired of fake trading volume for a long time, getting cut every day. --- Looking at on-chain data, it's obvious they're accumulating, don't be fooled by the trading volume, everyone. --- I just want to ask, when can we retail investors start making money while lying down? --- Playing with both hands, this move is really clever, creating fake hype just to cut the little guys. --- What's the use of identifying whale manipulations? We still can't afford to buy, crying. --- There's something fishy about Pippin's on-chain operations, gotta stay alert. --- This is called information asymmetry, big players are playing tricks, while we're still guessing the rise and fall. --- Retail investors like us also want to learn arbitrage strategies, but we lack the capital.

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BlockchainDecoder

· 01-07 02:49

According to research, this "left hand doing the opposite of the right hand" pattern has actually been conclusively established at the academic level — essentially, it is a liquidity illusion created by market makers. Data shows that identifying the characteristics of such self-trading is not difficult; the key is to establish a dynamic on-chain behavior model.

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UnluckyValidator

· 01-07 02:31

Left hand flips right hand, this set of moves is really slick. I was wondering why Pippin's trading volume is so bizarre. Whales are really just bored, transferring money around for fun. Retail investors are always the last to know, that's the reality of Web3. While they are manipulating the chain, we're still analyzing K-line charts, which is quite amusing. If this trend continues, we’ll have to learn to read on-chain data before making a move.

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