#数字资产生态回暖 $PIPPIN rushes toward $1 with many hidden dangers behind it.

The project team’s rapid price increase was supposed to be a good opportunity for cashing out, but it was met with coldness halfway through. The most aggressive move was someone dumping $5 million to short at 1x, only to be repeatedly crushed at high levels, with unrealized losses approaching 50%. The true picture of the market is right in front of us—chips have already been highly concentrated.

Currently, in the circulating supply of $PIPPIN, major institutions hold more than half of the influence. More painfully, nearly 30% of the entire market consists of "zombie chips" trapped in positions, combined with various bot accounts secretly manipulating the market. The entire ecosystem has been firmly controlled by a few forces.

A downward trend is highly probable, but from a different perspective—why don’t the market makers continue to pump and harvest the leeks? Ultimately, it’s about reaching some kind of consensus. How $BTC performs often becomes a key variable in determining the direction of $PIPPIN.