If you want to make money, just wait to be cut.

PANews December 2 report, the blockchain analysis platform Bubblemaps stated on Platform X that suspected insiders of PIPPIN control half of the supply, valued at $120 million. It was found that 50 associated wallets purchased PIPPIN tokens worth $19 million. These wallets have the following characteristics: all received HTX funding within a short period, received similar amounts of SOL, and previously had no on-chain activity records. Additionally, it was found that 26 addresses withdrew PIPPIN worth $96 million from Gate exchange within two months, accounting for 44% of the total supply. Most withdrawals occurred on October 24 and November 23, and most wallets were newly funded wallets. Over the past two weeks, the price of PIPPIN tokens has increased tenfold, with a market capitalization rising from $20 million to $220 million.