Explosion! Behind the 30% plunge of Meme coins on the Solana chain, is it actually the "Harvest Alliance" manipulating in the dark?
On the night of December 16, the PIPPIN token plummeted 30% within 2 hours, shrinking its market value to $365 million! GMGN data and Bubblemaps report reveal shocking insider information - insiders have controlled 80% of the token supply, worth $380 million! Even more bizarrely, 16 new wallets suddenly appeared: no historical transactions, highly similar sources of funds, receiving equal amounts of SOL before withdrawing large sums from CEX, and another 11 associated wallets holding 9% of the total supply, with cash flow completely synchronized with the time window!
This is not market volatility? It is clearly the "Harvest Alliance"'s meticulously designed "net closing strategy"! Players, don’t be fooled by the surface candlestick patterns—when insiders control 80% of the chips, so-called "technical analysis" is just a joke!
In the crypto jungle, following the trend is suicide; in-depth research is the survival rule! Those shouting to "buy the dip" may be getting harvested like leeks by the "insiders"!
Want to know how to avoid the "harvest trap"? Follow me, and let you step less into pitfalls and earn more in the crypto world!
Shen Wansan's sharp commentary: In the crypto market, the most dangerous thing is not the crash, but that you are still using "retail investor thinking" to view the market! There are no deities in the crypto world, only teachers with good mindsets. If you don’t know what an effective breakout is or which coins can yield 10 times returns, follow Shen Wansan, and get in the village to learn!
