Solana memes PIPPIN rose 62% in a single day, Whale accumulation triggered a chain of short positions getting liquidated.

NullWhisperer

2025-12-01 04:40:17

Abstract generation in progress

[Coin World] The meme coin PIPPIN on the Solana blockchain has seen some strong movement today.

In the context of a generally sluggish market, this coin surged by 61.9% in a single day, with the price reaching $0.1788. On-chain data shows that several whale addresses are continuously accumulating, and this wave of concentrated buying has directly driven the price to explode.

Analysis indicates that the price surge has attracted many short sellers to enter the market, resulting in a chain reaction of leveraged liquidations—more people get liquidated as the price drops, and the more liquidations occur, the stronger the price rebound. This “death spiral” is common in the memes market, but each time it can create astonishing short-term volatility.

It is worth noting that market trends dominated by a few wallets often come and go quickly, and participants need to be particularly vigilant about liquidity risks.

PIPPIN56.96%

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MetaverseHobo

· 12-01 05:09

It's another trick played by the Whale, this time it's PIPPIN, what's next? Getting liquidated on short positions is well-deserved, who told you to go against the Whale... Memes are a paradise for quick money but also a hell of bankruptcy, there's no middle ground.

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DaoDeveloper

· 12-01 04:59

ngl the whale accumulation patterns here scream classic pump mechanics... liquidity evaporates faster than you can say "rugpull"

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FunGibleTom

· 12-01 04:59

Once again, whales are playing with fire, I'm tired of this meme coin routine. --- A 62% rise sounds nice, but those who dare to catch a falling knife are probably going to get trapped. --- The term "death spiral" is truly apt; those who got liquidated are probably thinking about smashing their computers right now. --- Liquidity risk? Well put, it’s just the market maker's night before playing people for suckers. --- Why do people still jump into the pit knowing it's a trap? --- A few whale addresses make a move, and retail investors get harvested; this game is boring. --- It comes fast and goes fast; can PIPPIN hold until tomorrow? --- Did anyone make a profit, or is it just another collective loss?

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gas_guzzler

· 12-01 04:57

It's another Whale playing people for suckers routine, and this time PIPPIN is really fierce. The chain reaction of short positions getting liquidated, when will the death spiral finally calm down? Those who entered the market need to run quickly, as the exhaustion of liquidity comes faster than the rise.

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AlwaysQuestioning

· 12-01 04:51

I'm tired of this Whale Accumulation routine; sooner or later, the dumb buyer will have to pick up the bill.

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