According to @OnchainLens, citing Nansen data, a whale spent 23,736 SOL (approximately $3.3 million) over the past three days to acquire 16.35 million PIPPIN at $0.20 (@OnchainLens; Nansen). The position currently shows more than $740,000 in unrealized profit based on on-chain tracking (@OnchainLens; Nansen). The whale’s address is HWBDGGT5j8LMVbGRu8UC6KQ3p9NKUi6nCfh4ENogEFee, establishing a visible on-chain cost basis near $0.20 for this holding (@OnchainLens; Nansen).

According to @lookonchain, wallet 2Gc2Xg sold all 24.8M PIPPIN for 29,527 SOL worth about 3.74M dollars, with the transfers visible on Solscan address B6co6zZpZvNFwD6KRazJyUyaRcHgLev9dzgEAFbXJg3R. @lookonchain adds that the position was opened a year ago with 450 SOL around 90K dollars for the same 24.8M PIPPIN. @lookonchain reports the unrealized profit peaked near 7.6M dollars on Jan 11 and PIPPIN later fell below a 10M dollar market cap. With the recent rebound, the address fully exited and now shows no PIPPIN balance on Solscan address B6co6zZpZvNFwD6KRazJyUyaRcHgLev9dzgEAFbXJg3R, per Solscan and @lookonchain. For traders, this realized return of about 4066 percent removes this address as a future source of PIPPIN sell orders, as the wallet holds zero PIPPIN on Solscan and the sale was confirmed by @lookonchain.

According to Ai 姨, a whale with the address 3cBB2...7BzvT has invested $1.324 million in Pippin over the last hour, marking their first purchase of the coin at an average cost of $0.2297.