$pippin $PIPPIN Implodes 50% — Déjà Vu of a Classic Trap?
$PIPPIN just suffered a brutal 50% crash after briefly breaking above the $0.5 peak, and the structure is making traders uneasy. The price action is starting to echo the infamous $JellyJelly collapse — fast upside, followed by violent downside.
What the data is revealing 👇
📊 CoinAnk inflow data (exclusive):
24H inflow: $30M+ 💰
7-day inflow: $150M+ 🚀
30-day inflow: $60M+
👉 Top inflow asset across all tracked timeframes
Despite massive capital inflows, price couldn’t hold — a major red flag.
💥 24H liquidation chaos:
🔴 Longs wiped: $3.87M
🟢 Shorts liquidated: $4.62M
🔥 Funding rate: Peaked at -1.7567%, now cooling to -0.5401%
Both sides got trapped. Volatility punished everyone.
🚨 The real bombshell:
According to Bubblemaps, 80–90% of $PIPPIN’s supply may be controlled by insiders.
If true, this raises a serious question:
❓ Is this a textbook pump-and-dump, engineered to extract liquidity from both bulls and bears?
Heavy inflows, extreme leverage, concentrated supply — this is the kind of setup where price becomes a weapon, not a signal.
Stay sharp. This chart isn’t forgiving. 👀⚠️
