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- Pin
A whale spent $3.3 million in three days to buy PIPPIN, with an unrealized profit of $740,000.
[Crypto World] December 6 news: A big whale has been quite active recently. On-chain data shows that a whale dumped 23,736 SOL into the market within three days, worth about $3.3 million, and went all in on the PIPPIN token.
The buying cost wasn’t high either, with an average price of $0.2, totaling 16.35 million tokens. The account already has an unrealized profit of over $740,000, which is quite a considerable return.
Building a position at this scale either shows strong confidence in the project or suggests some strategic layout. In any case, when regular players see this kind of data, it’s worth paying attention—sometimes a whale’s instincts are even more accurate than technical analysis.