Trader Multiplies $180K to $3.6M with Pippin (PIPPIN) on Solana

2025-12-17 21:15

A Solana-based trader has remarkably turned an initial investment of $180,000 into $3.6 million within two months by trading Pippin (PIPPIN). On-chain data from Lookonchain indicates that the trader, identified by wallet BxNU5a, began purchasing Pippin in early October. Utilizing Raydium for small swaps, the trader converted USDT to WSOL and subsequently to Pippin, amassing 8.15 million tokens at low prices. The surge in Pippin's value, which increased by over 1,400% in a month, is attributed to whale accumulation and growing retail interest. Despite the impressive gains, there are concerns about potential future sell-offs due to the high concentration of tokens among a few holders.

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