$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. #Pippin #PIPPINUSDT #PippinAccumulation
• Public companies: ~1.07M $BTC • Governments: ~0.62M BTC • U.S. spot ETFs: ~1.31M BTC • Exchanges: ~2.94M BTC
In total, these entities hold ~5.94M $BTC , or ~29.8% of the circulating supply, highlighting how liquidity is increasingly concentrated across institutions and custodians
$ZEC Current Trend: Consolidating with Bullish Bias Technical Indicators Summary: 1. Volume Analysis: Recent K-line shows moderate volume with some bullish candles. The 24h volume of 2.94M USDT is decent but not exceptional.
2. Capital Flow: Strong net inflows across multiple timeframes (24h: 16.9M USDT, 3D: 91.1M USDT). This substantial capital inflow suggests institutional/major player accumulation, particularly notable given the neutral price action. ⚡⚡Analysis Result $ZEC Direction: Cautious Long 📍Entry Timing: Ideal entry zone between 445-455 USDT (near current support). Alternatively, wait for break above 468 (24h high) with volume confirmation. 🗑️ Stop Loss: 425 USDT, just below recent swing low 💰 Target Price: 505 USDT, representing first major resistance level. #zec #ZECUSDT #zcash
$ARB Current Trend: Consolidating with a Bearish Bias 📝 Technical Indicators Synthesis: 1. Volume Analysis: Reviewing the K-line data, the most significant volume spikes coincide with massive price declines. This is a classic sign of capitulation selling. Recent volume has been average, with no significant volume on small up-moves, suggesting a lack of strong buying conviction.
2. Capital Flow Data: This is a critical bearish signal. The contract net flow is deeply negative over the 3D, 5D, and 7D periods (e.g., -7.92M over 7D). This indicates a significant exodus of leveraged capital from the market, a strong sign of a loss of confidence. The positive 24H flow is a tiny outlier in a sea of negative data. Similarly, the spot flow is consistently negative across all major timeframes, indicating selling pressure from spot holders. This overarching capital flight is a major headwind for any sustained price recovery. ⚡⚡Analysis Result $ARB Direction: Cautiously Bullish for a Short-Term Bounce. While the longer-term capital flow and trend are decisively bearish, the confluence of short-term technical indicators suggests a high-probability scenario for a tactical, counter-trend long play. 📍Entry Timing: Aggressive Entry: On a confirmed bounce from the support level (~0.1922). Conservative Entry: Wait for a break and close above (0.2123) to confirm the bounce has legs, then enter on a retest of that level as support. 🗑️ Stop-Loss Setting: 0.1785 below support 💰 Target Price: 0.2249 USDT #ARB #ARBUSDT #Arbitrum
🔔 Global M2 reaches new all-time highs and approaches USD 130 trillion. 🌍
The main country driving this growth is China, which accounts for 37%, with M2 at USD 47.7 trillion, up 1.37% over the last 30 days, while many other countries are seeing declines in M2, such as Japan, India, Argentina, Israel, and South Korea.
📝 China: The “Lone Printer” (For Now)
China’s M2 is rising because the government and the central bank are expanding credit and liquidity to support economic growth, the real estate sector, and exports.
Other countries are pulling back because they are withdrawing liquidity to fight inflation, reduce debt, and defend their currencies — a post-COVID hangover phase.
Here’s how the AI bubble is killing $BTC and what’s next👇🧵
The market is looking for a reason behind $BTC 's drop but it's right on the surface The AI sector has absorbed most of the capital The bubble hasn't burst yet but it's already creating systemic pressure And it's this pressure that's weighing on all risk assets including crypto
The problem is not AI as a technology The problem is in valuations detached from economic reality Companies are growing on debt not on profit And the market is paying for narrative not for cash flow Essentially the same dot-com bubble just in 2025
Why is this pressuring $BTC now and not later? Because Wall Street is shifting risk from tech to other assets Appetite for volatile instruments is falling And crypto becomes the first candidate for position trimming For the first time in years the AI sector has become the center of debt load The volume of AI corporate bonds has exceeded historical limits Attempts to finance GPU infrastructure are creating a credit distortion And the market is starting to price in this risk in Bitcoin
The situation is complicated by dependence on Nvidia A single supply failure can freeze dozens of companies The risk chain runs through funds and index products And reflects on crypto through mass rebalancing
The most likely risk window is mid-2026 That's when most short-term AI debt will require refinancing If the market is tighter than it is now - capital won’t flow And the bubble may burst sharply not graduall
For $BTC this means increased volatility until that point Investors are reducing risk exposure in advance The AI sector's impact is overshadowing positive crypto narratives And any liquidity outflow hits Bitcoin first But after the correction the picture will be different When the AI bubble clears - capital will seek resilient assets Crypto will benefit in the long run due to limited supply And Bitcoin will be first in line after market normalization
Bitcoin dropped $2,000 in 35 minutes and wiped out $40 billion from its market cap.
$132 million worth of longs have been liquidated in the past 60 minutes.
Why $BTC always dumps at 10 a.m. when the U.S. market opens ?
Since early November, BTC has dumped most of the time after US market opens. The same thing happened in Q2 and Q3.
It has been calling this out repeatedly, and Jane Street is the most likely entity doing this.
When you look at the chart, the pattern is too consistent to ignore: a clean wipeout within an hour of the market opening followed by slow recovery. That’s classic high-frequency execution.
And it fits their profile:
• Jane Street is one of the largest high-frequency trading firms in the world. • They have the speed and liquidity to move markets for a few minutes.
The behavior looks simple:
1. Dump BTC at the open. 2. Push the price into liquidity pockets. 3. Re-enter lower. 4. Repeat daily.
And by doing this, they have accumulated billions in $BTC .
As of now, Jane Street holds $2.5B worth of BlackRock’s IBIT ETF, their 5th largest position.
This means most of the dump in BTC isn't due to macro weakness but due to manipulation by one major entity.
And once these big players are done with buying, BTC will continue its upward momentum.
- OI = Total open options contracts (calls + puts) across markets—not volume, but the "fuel" hanging in the balance.
- High OI signals heavy institutional involvement (via ETFs like IBIT, CME, Deribit). When price stalls amid rising OI, it's like a coiled spring: History shows 20-50% vol spikes often follow within weeks.
From the chart: - Green line (OI): Exploded from ~$10-20B early 2024 to peaks over $140B recently—still elevated now.
- Yellow line (BTC price): Surged alongside, but lately flatlining around $90K-$95K = accumulation before the storm.