Bubblemaps: Discovered 26 addresses that withdrew $96 million worth of PIPPEN Token from CEX within two months.

According to Jinse Finance, Bubblemaps stated on platform X that the PIPPIN project started in 2024, but due to a big dump in price, the community has almost forgotten about the project. However, over the past two weeks, the price of the PIPPIN Token has risen by about 10, and its market capitalization has increased from 20 million dollars to 220 million dollars. During this period, the team has not provided any updates or progress on the project, and their social media has not been updated for six months. Tracking on-chain data reveals that currently, 26 addresses have withdrawn PIPPEN Tokens worth 96 million dollars from CEX within two months, with most withdrawals occurring on October 24 and November 23. The timing, amounts, and funding patterns indicate that these wallets are coordinating operations, and further investigation will be conducted.