#特朗普加密货币政策新方向 tracked the smart money holdings of $PIPPIN, and it’s quite interesting. That batch of large investors opened short orders at the high point, with unrealized losses exceeding $2 million at the worst point, now recouped investment to only $700,000 in losses—either they partially took profit or directly closed all positions and pulled out. Based on this trend, the short-term pump is likely a bull trap, and a real big dump may still come in the second wave. In terms of operations, it is recommended to observe first and not rush to chase the price.