PANews reported on December 1 that, according to Lookonchain monitoring, "diamond" trader 2Gc2Xg recently liquidated all 24.8 million Pippin tokens (worth approximately $3.74 million) that he had held for over a year, locking in a profit of $3.65 million, a return of 4066%.
The trader purchased these tokens a year ago for only 450 SOL (approximately $90,000). His position had a floating profit of approximately $7.6 million on January 11th of this year, but he did not sell. Subsequently, the market capitalization of the Pippin token fell below $10 million. Recently, with the market rebound, the trader finally liquidated his position for 29,527 SOL (approximately $3.74 million).
