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- Pin
Diamond hand finally moved: 4000% profit after PIPPIN Whale close all positions record
The tough guy from 【区块律动】 has finally taken action.
A PIPPIN whale that has held coins for more than a year has just liquidated all of its 24.8 million tokens, cashing out $3.74 million and directly locking in $3.65 million in profits, with a return rate of up to 4066%.
The story begins a year ago - this guy used 450 SOL(, about 90,000 USD), to go all in on PIPPIN. The craziest moment was on January 11th of this year, when the paper profit soared to 7.6 million USD. But he didn't take action, and ended up watching PIPPIN's market value plummet to below 10 million USD.
A true diamond hand.
Fortunately, the prices have warmed up recently, and he finally made up his mind to take profits and exit: he exchanged 29,527 SOL for all his chips. Although he didn't catch the highest point, he at least avoided missing out a second time. After all, there is an essential difference between paper wealth and real money.
Do you think this operation was too early or just right?