The market structure of $PIPPIN has recently undergone significant changes. The comparison of long and short funds has reached a nearly 30 times imbalance, which typically signals severe fluctuations. More notably, the chip distribution of the top ten holdings has dramatically decreased from an initial concentration of 96% to 20%, reflecting that top addresses are gradually reducing their positions. This transformation in chip structure, combined with the extreme imbalance between long and short positions, may be preparing for a round of deep adjustments.

PIPPIN6.04%
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ETHReserveBankvip
· 21h ago
This 30x long-short imbalance is a bit ridiculous, feels like something is going to happen. The top players are quietly retreating, and the chips are dispersed to 20%, this rhythm doesn't seem right. 30x? Is it real, who is going crazy going long? When the chips are scattered, it's leaving a way out for themselves, smart people are running away. Wait, the concentration dropped from 96% to 20% directly, are the Large Investors collectively fleeing? This extreme imbalance is the scariest part, even more frightening than the fall itself. Deep adjustment coming... the Large Investors slip away first, while the retail investors are still dreaming.
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MultiSigFailMastervip
· 21h ago
The 30x imbalance really can't hold up anymore, this time the signal of Large Investors rug pull is really obvious.
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