2025-12-11 04:10:16

#加密生态动态追踪 Recently, I've been paying close attention to $PIPPIN. Today, I want to discuss its possibility of reaching 1U.

First, let me address the most heartbreaking point—the distribution of chips in this market is extremely unbalanced, with over 90% held by a few large holders. Currently, the price hovers around 0.3U, and the actual circulating market value is only in the range of a few tens of millions of dollars. Someone previously calculated in the community that reaching a market cap of 1 billion would require burning 3 billion in capital. Honestly, this kind of calculation is overly arbitrary; in reality, such exaggerated trading volume is unnecessary.

The key detail is this: in the 0.2U range, a large holder has entrenched a long position of 1.5 million USD. If this order isn't properly hedged against risk, it becomes an obvious target for the market makers. This sets off a short squeeze—either by smashing the price to force this holder to cut losses or directly causing a liquidation.

The underlying logic for PIPPIN reaching 1U is rooted in this: the large holder's position becomes the fulcrum of the game. Once this level is broken, the price could spike instantly by 50%, or even double. By then, it would be an ideal window for the longs to take profits.

Honestly, the market is that simple—it's all about who can't hold on first.

PIPPIN5.56%

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NFTregretter

· 12-12 00:27

90% of the chips are in the hands of big players, this is a gamble, and we retail investors are just a foil.

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degenwhisperer

· 12-11 04:53

90% of the chips are in the hands of big players, this is just a playground for the manipulators. Retail investors coming in are just being fed to the sharks. Once the big players' 1.5 million position explodes, it'll be a show. Short squeeze is really a gamble on mentality.

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SigmaBrain

· 12-11 04:39

90% of the chips are in the hands of the big players, this is a casino playground, retail investors just become the sentient prey. Breaking through the big players' positions is the real catalyst, but I fear you'll be waiting in line for a margin call until that day. It seems like PIPPIN is just waiting for the moment of a dump, the game is too obvious. 0.2 to 1U? Sounds great, but the premise is surviving the dump first. This market is a bit too sandy, but the more dangerous the position, the greater the opportunity. It all depends on who times the bottom correctly.

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ChainWanderingPoet

· 12-11 04:38

$1.5 million in a 0.2 position, this is a ticking time bomb The market maker is itching to act, and will inevitably blow up this order. When that happens, it will be a bloodbath.

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TradFiRefugee

· 12-11 04:36

0.2U that 150W position, I bet this guy has already been wiped out... --- This market is too shady, 90% of the chips are locked in the hands of big players, how do you play... --- Short squeeze has been overhyped, when will retail investors finally get a chance to profit... --- 1U? Let’s survive the next wave of dumping first, jumping in now just makes you the bagholder... --- Honestly, PIPPIN’s chip structure is a huge trap, I don’t think there’s any need to mess around...

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SilentAlpha