PIPPIN big pump 800% touched 0.19 USD! Whale trapped 3.74 million triggered turbulence

PIPPIN recently reached a highest price of 0.19 USD, while two weeks ago its price fell to a local low of 0.02 USD, resulting in a big pump of 800%. A Whale exchanged 450 SOL for 29,527 SOL, selling all PIPPIN in their Wallet, totaling a profit of 3.74 million USD, with the top two Whales earning profits of 2.3 million USD and 2.2 million USD respectively.

From 0.02 to 0.19 USD: PIPPIN vertical big pump 800%

(Source: CoinMarketCap)

PIPPIN is one of the few AI agent tokens that have managed to revive. The asset's price has rebounded to its highest level since February, restarting trading activity among Whales. In the past few days, PIPPIN has become one of the tokens with the largest daily pump, ending months of consolidation. The AI agent token has experienced a nearly vertical rise and has started to consolidate in the high range.

In the past week, the price of PIPPIN reached a high of $0.19, then fell back to $0.14. This means that from the low point of $0.02 two weeks ago, it has surged 800% in just two weeks. Such vertical price increases are not uncommon in small-cap tokens, but their sustainability is often extremely fragile. The trading volume of PIPPIN has also returned to the high range of 2025, breaking through $154 million in the past 24 hours. Although the airdrop page has not yet gone live, rumors about the airdrop have further increased the token's popularity.

It is worth noting that the token expansion is not a result of any news released by the PIPPIN social media team. This kind of “no news big pump” often means that there is big money operating behind the scenes, or that speculators are hyping based on some unverified rumors. A big pump lacking an official catalyst is usually more fragile, as once the rumors are debunked or market sentiment turns, prices can collapse quickly.

Why will PIPPIN resurrect in December? The background is that the development of the AI agent sector has been relatively slow over the past few months, with the total market capitalization of AI agent tokens barely breaking 3 billion USD. Even previously popular platforms and agent tokens have fallen to historical lows. Most tokens have fallen by 99%, with only a few tokens controlling their declines to within 80%. PIPPIN has rebounded from a recent low of 0.023 USD, outperforming other tokens in the industry and ranking among the top 5 AI agent tokens.

Most of the trading activity of PIPPIN is still concentrated on the Raydium platform, accounting for over 47% of the total trading volume of the token. As of December 1, the trading volume of PIPPIN on Raydium also accounted for over 50%, surpassing all other Solana-based tokens. This concentration of trading volume indicates that PIPPIN has gained significant attention within the Solana ecosystem, but it also means that if there are issues with the Raydium platform or liquidity dries up, PIPPIN will be the first to be affected.

Three Whales Cash Out 8 Million USD: Sell-off Triggers Crash

Like other tokens whose trading prices are close to the lower limit, PIPPIN has also attracted buying interest from some Whales and savvy investors. A month ago, when the trading price of the token was still close to its historical low, a Whale created a Wallet. This Wallet currently still holds 8.15 million PIPPIN, worth 1.2 million USD, while its recent peak price was about 1.5 million USD. This Whale has not completely exited yet but is already in a profit state.

On the other hand, the Whale took advantage of the current price pump to cash out. This Whale bought PIPPIN a year ago and suffered heavy losses during the big fall in February. Subsequently, this Whale held the tokens until the final cash out, exchanging 450 SOL for 29,527 SOL. This Whale sold all the PIPPIN in the Wallet, making a total profit of 3.74 million USD, which is a quite considerable return on an investment of 90,000 USD.

The top two Whales made profits of 2.3 million dollars and 2.2 million dollars respectively. More importantly, the second-ranked address triggered a rapid sell-off in the past day, causing the price to plummet from 0.19 dollars to 0.14 dollars. This concentrated sell-off by large holders is often a sign of a price reversal, as Whales typically have a better understanding of market dynamics and risks than retail investors.

PIPPIN Whale Profit Data

First Whale: Profit of 3.74 million USD, fully liquidated and exited.

Second Whale: Profit of 2.3 million USD, selling off triggered the price to fall from 0.19 to 0.14

Third Whale: Profit of 2.2 million USD

Fourth Whale: Currently holding 8.15 million coins, with a floating profit of 1.2 million USD

The three major Whales have collectively cashed out about 8.24 million USD, which is a disastrous selling pressure for a trading pair with a liquidity of only 7.4 million USD. When the amount of selling exceeds the liquidity, the price is bound to experience severe fluctuations. This also explains why PIPPIN could plummet from 0.19 USD to 0.14 USD in a short period, a drop of 22%.

Liquidity Trap: 7.4 Million Supporting a 154 Million Trading Volume Dangerous Game

Analysts believe that the current pump of PIPPIN is difficult to sustain and may be the result of manipulation in this relatively small decentralized market. The liquidity of the most active trading pair of PIPPIN is about 7.4 million dollars, but the trading volume in the past 24 hours has reached 154 million dollars. This means that the trading volume is more than 20 times the liquidity, and this extreme ratio usually indicates that the price is being heavily manipulated.

In a normal market structure, the daily trading volume is usually 2-5 times the liquidity. When this ratio exceeds 10 times, it often means that the same batch of funds is repeatedly entering and exiting, creating a false appearance of trading volume. This kind of operation is extremely common in small-cap tokens, aimed at attracting retail attention, making them mistakenly believe that the market is extremely active and blindly following the trend.

A liquidity of 7.4 million dollars means that any single sell order exceeding 1 million dollars can cause significant price fluctuations. This is why the second-ranked Whale's sell-off was able to drop the price from 0.19 dollars to 0.14 dollars. In this liquidity structure, retail investors are extremely vulnerable, as large players can easily manipulate prices, while retail investors cannot exit at ideal price points.

The price trend of PIPPIN reminds people of the similar “meme” pump of POPCAT and JellyJelly. However, the pump of POPCAT and JellyJelly was based on speculative behavior on Hyperliquid, while the pump of PIPPIN mainly occurred on the Raydium platform. Following the significant pump of the internet meme tokens POPCAT and JellyJelly, people are skeptical about the price trend of PIPPIN. These precedents show that speculation-driven big pumps often end in big falls.

According to online trading reports and the trading activities of large investors known as “Whales”, PIPPIN reached its highest level since February today. Data shows that the price quickly surged before some accounts began to close positions. This round of increases attracted the attention of retail investors, but at the same time, the selling by large investors put downward pressure on the market. Analysts point out that these actions could trigger market volatility in the coming days, affecting those investors looking to go long on PIPPIN. This incident highlights how the actions of large investors can influence the trends of cryptocurrencies with relatively low liquidity or market capitalization.

Retail Investors Trapped by High Pursuit: AI Tokens 99% Big Pump Warning

Market observers are closely monitoring the upcoming support and resistance levels of PIPPIN, as well as any whale behavior that may trigger further sell-offs. Additionally, trading volume and on-chain metrics are expected to help understand the sustainability of the current price. The combination of months' highs with selling pressure brings uncertainty to both traders and holders.

From a broader perspective of the AI agent token market, the big pump of PIPPIN is an exception rather than a common phenomenon. In the past few months, the development of the AI agent field has been relatively slow, with the total market value of AI agent tokens barely breaking through 3 billion USD. Most tokens have fallen by 99%, with only a few tokens controlling their decline within 80%. This severe decline indicates that AI agent tokens, as a category, have not yet gained sustained recognition from the market.

The big pump of PIPPIN may just be a case of survivor bias. While the vast majority of AI tokens are falling, a few have experienced a big pump for various reasons (possibly whale manipulation, airdrop rumors, or pure speculative hype), attracting a lot of attention. However, this kind of big pump often lacks fundamental support, and once whales take their profits, the price will quickly drop.

For investors considering entering the market, PIPPIN currently presents a very high risk. Whales have already started to sell off, liquidity is extremely thin, and there is a lack of official catalysts for support. If you insist on participating, you should strictly control your position (not exceeding 1-2% of total funds), set tight stop losses (exit immediately if it falls below $0.12), and be mentally prepared for a total loss. This is not investing; it is high-risk speculation.