A certain PIPPIN whale address starting with 2Gc2Xg has just cleared all 24.8 million tokens that it held for more than a year, pocketing 3.74 million USD, netting a profit of 3.65 million USD—return on investment exceeds 40 times.
A year ago, this guy bought in at the bottom with 450 SOL, with a cost price of about 90,000 USD. On January 11th of this year, the paper profit once surged to 7.6 million USD, but he stubbornly didn't take any action. What happened next? The market cap of PIPPIN later plummeted, directly halving to below 10 million USD, and the paper wealth was about to go down the drain.
Recently, the price rebound provided a second opportunity. This time he didn't hesitate, exchanging 29,527 SOL to get back all his chips. Although he earned half less than the peak, at least he didn't let the bird in hand fly away again.
Sometimes, the difference between “holding on” and “selling at the right time” is just a perfectly timed exit.
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NotGonnaMakeIt
· 12-01 12:20
Oh my gosh, this is truly a diamond hand. Back then, I ran away with three dollars from PIPPIN, and now look at their profits...
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Hash_Bandit
· 12-01 12:19
damn, held through that 760M peak and still walked with 40x... that's some serious discipline right there. coulda been 80x but hey, half a mill beats watching it go to zero ngl
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SoliditySurvivor
· 12-01 12:12
A 40x return sounds great, but the $7.6 million in unrealized gains just won't materialize... This mindset is really hard to maintain.
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fren.eth
· 12-01 12:11
When it was 7.6 million dollars, I didn't cash out; getting 3.74 million dollars is already not bad. Sometimes being greedy can lead to not getting anything at all.
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TokenomicsDetective
· 12-01 12:07
Oh dear, this is the price of greed. Originally having 7.6 million USD in hand, I insisted on betting for the peak, and as a result, I ended up rekt by half. It's really quite frustrating.
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LiquidationWatcher
· 12-01 12:00
7.6 million dollars not acting is really incredible, this rebound picking up from the second floor is already good.
After a year, the PIPPIN Whale finally dumped: earned half as much but locked in profits.
[Block Rhythm] diamond hand finally let go.
A certain PIPPIN whale address starting with 2Gc2Xg has just cleared all 24.8 million tokens that it held for more than a year, pocketing 3.74 million USD, netting a profit of 3.65 million USD—return on investment exceeds 40 times.
A year ago, this guy bought in at the bottom with 450 SOL, with a cost price of about 90,000 USD. On January 11th of this year, the paper profit once surged to 7.6 million USD, but he stubbornly didn't take any action. What happened next? The market cap of PIPPIN later plummeted, directly halving to below 10 million USD, and the paper wealth was about to go down the drain.
Recently, the price rebound provided a second opportunity. This time he didn't hesitate, exchanging 29,527 SOL to get back all his chips. Although he earned half less than the peak, at least he didn't let the bird in hand fly away again.
Sometimes, the difference between “holding on” and “selling at the right time” is just a perfectly timed exit.