Recently, Pippin's market performance has split many people into two factions—those optimistic about it and those criticizing it. Ultimately, this is the nature of the market: there are always winners and losers on the other side.

After accelerating downward starting at 4 a.m., the price rebounded to around 0.5, nearly doubling in value, which is indeed quite exaggerated. According to market data, the large investors' average entry price is around 0.338, and the current unrealized profit has reached approximately $6.3 million. Including the fee income from hourly settlements, Pippin still has a high probability of hitting new highs.

It is worth noting that a whale has established a short position around 0.429, currently showing an unrealized loss of about $200,000. This data is indeed astonishing— as long as there are continued long entries, the price will keep pushing upward. In such volatile market conditions, shakeouts are often particularly fierce. For high-volatility tokens like this, cautious observation is necessary; avoid fighting battles unprepared.