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Bubblemaps: Discovered 26 addresses that withdrew $96 million worth of PIPPEN Token from CEX within two months.
Golden Finance reports that Bubblemaps posted on the X platform that the PIPPIN project started in 2024, but due to a big dump in price, the community has almost forgotten about the project. However, in the past two weeks, the price of PIPPIN Token has risen by about 10, and the market capitalization increased from 20 million dollars to 220 million dollars. During this period, the team provided no updates and there has been no project progress, with their social media remaining inactive for six months. Tracking on-chain data reveals that 26 Addresses have withdrawn PIPPEN Tokens worth 96 million dollars from CEX within two months, with most withdrawals occurring on October 24 and November 23. The timing, amounts, and funding patterns indicate that these wallets are operating in coordination, and further investigation will be conducted.
PIPPIN14.73%
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