$pippin The Hidden Architecture Behind The Accumulation
93 wallets now hold 73% of the supply, organized into three well-defined clusters based on accumulation origin.
$pippin keeps climbing with zero signs of exhaustion.
The on-chain picture shows why: a tightly coordinated supply structure where top holders simply aren’t distributing. Here's what happening:
1. Gate Accumulator Cluster (Largest)
> Major EOAs that accumulated from Gate months ago
> Each wallet holds multi-million to tens of millions USD in $pippin
> No selling, still the backbone of the supply structure
2. Bitget Accumulator Cluster
> Mid-sized EOAs with Bitget entries
> $1M–$2M typical holdings
> Held through every volatility spike — zero outflows
3. Raydium Accumulator Cluster (Small but Coordinated)
> Broad group of smaller wallets
> Each holds hundreds of thousands USD in $pippin
> Behavior is synchronized, suggesting structured accumulation rather than random retail flow
📝 What This Means for the Price Action
$PIPPIN’s chart hasn’t been driven by hype alone, it has been driven by supply control.
Across all clusters:
✔ No distribution signs
✔ No meaningful outflows
✔ Cohesive holding behavior
✔ Increasing concentration as price rises
This is the same accumulation pattern not only for $PIPPIN , but also across several Solana memecoins that later delivered explosive rallies.
