Friends, hold onto your wallets tightly! This PIPPIN on the Solana chain just exploded a few days ago, and within 2 hours, it directly dropped by 30%, from 0.5 dollars to 0.372 dollars, with a market value evaporating nearly 150 million. This is not a correction; this is the big players robbing money from players with a sickle! What's even scarier is that this game has long been tightly controlled, and we players are nothing more than prey being monitored from start to finish!
First, look at the news:
80% of PIPPIN's supply is controlled by 'insiders', valued at nearly 400 million USD! What does this mean? This is no longer just harvesting; the entire vegetable garden has been enclosed by the big players.
Even scarier are the details: Suddenly, 16 ghost wallets appeared, acting in exactly the same way, receiving the same amount of SOL at the same time, with no historical trading records, and then withdrawing a large amount of PIPPIN from the exchange. This is obviously an organized and premeditated chip collection action.
Now looking at the technical aspect: From the 4-hour candlestick chart, the downward trend of PIPPIN has formed a death cross!
The MACD fast line has crossed below the slow line, and the histogram continues to shrink, indicating a complete collapse of bullish strength. The RSI indicator once surged to the overbought zone at 75, then quickly fell back, indicating that the upward momentum is completely exhausted.
The trading volume has dropped sharply from a high level, and the key support level around 0.45 is in jeopardy. Once it breaks, the next target will be 0.40! Even scarier is that the candlestick pattern resembles a head and shoulders formation, with the left shoulder and head already formed. If the neckline at 0.42 is breached, the downward space will be completely opened up!
For those holding PIPPIN, follow this now:
Short entry zone: If the price rebounds to 0.38-0.40 and the rebound volume is insufficient, you can try a light short position;
Entry zone: If the price drops to 0.23-0.25 and a volume stabilization signal appears, you can try a very small long position;
This PIPPIN incident has sounded the alarm for all retail investors: On-chain data does not lie; the abnormal movements of whale wallets are often a precursor to price drops.
Zitan's view:
The nature of this coin's speculation has changed. PIPPIN is now just a puppet of the big players! An 80% control ratio means the price is completely manipulated internally, and retail investors are just offering themselves up. My view is clear: this is absolutely not the time to enter the market. For those who must operate, the overall trend is bearish, so maintain proper stop losses! Those who fantasize about bottom fishing should be careful of getting harvested!
There is a set of monitoring methods and logic behind this. Want to know the specific entry points and where to set the safest stop losses? @链上紫檀 2026 The village has already provided reminders; those who want to follow along, become a Zitan villager! I will teach you in the village how to use three simple steps to detect the signs of the big players' net closing in advance and protect your assets. Don't wait until you are trapped to regret! #BTC #ETH
So the question arises: How can we anticipate the gathering of these 'ghost wallets' in advance? How can we use on-chain tools to identify control traps and avoid becoming the next PIPPIN? Feel free to share your thoughts!
