$PIPPIN's recent trend has been quite unpredictable. A major account holds a position of 22 million USD, with floating losses now reaching 1.36 million USD. At the current cost basis, the price needs to be driven to around 2.9 to break even.

Interestingly, this major holder not only has spot holdings but also multiple backdoor positions, plus bots eating liquidity. Probabilistically, it's indeed less likely to be drained completely.

But here's the problem—obviously, the other side wants to do the same as before, relying on fee collection and time to gradually wear down the opponent. If they truly go head-to-head like this, how high are the chances of winning? During periods of repeated market fluctuations, who can really endure until the end? What do you all think about this tug-of-war between the main forces?