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$PIPPIN has once again demonstrated a shocking move—rising straight to $0.7661 in a short period, catching many off guard.
There is a well-known bearish player in the market called "Mysterious Little K Line," holding approximately 14.6 million tokens, with an initial opening cost of only $0.2913. This recent surge has indeed put significant pressure on him—according to on-chain smart money data from a major exchange, his losses suddenly surged to $6.068 million within just four hours from 15:00 to 19:00. If the margin were any tighter, this spike could have triggered a liquidation directly.
Interestingly, this big bear explicitly stated in the community: "Not closing positions for now, nor adding more," planning to hold firm. Will the market's pressure-testing whale withstand it, or will this seasoned iron-head laugh last? The market is giving the answer.