2026-01-09 11:29:08

The movement of PIPPIN exposes some deep market logic. Looking at Velo's data, you can see that the recent sharp drop was actually intentional—specifically targeting investors who went long near $0.52.

What's even more interesting is the recovery of the $0.287 support level, which was driven by spot institutions simultaneously building positions on both sides. They are shorting on one hand while accumulating at the bottom, a strategy that has long become a routine operation in the market.

This kind of arbitrage behavior by counterparties is almost the most powerless aspect of the crypto market—retail investors always get caught on both ends.

PIPPIN3.65%

VELO-1.16%

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FancyResearchLab

· 01-12 05:46

Here we go again, institutions betting on both sides while retail investors get caught in the middle. This tired old script couldn't be more worn out. Theoretically, market transparency should be possible, but now it's gone. The move from $0.52 to $0.287 is basically a small experiment—seeing how long retail investors can be harvested. Now that I’ve figured it out, I’m also preparing to build positions on both sides simultaneously, haha.

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TheMemefather

· 01-11 06:11

Here we go again with that routine? I can clearly see the 0.52 bullish run being slaughtered, but now you're saying 0.287 is institutions accumulating... Come on, how many times has this happened? Next time, will it rebound to 0.4 and then crash again? Retail investors get eaten from both ends—well, that's just how it is for retail investors. Anyway, I'm one of those getting eaten too. Going long really sucks, it happens every time.

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WhaleSurfer

· 01-10 18:34

It's the same old trick again, institutions are taking advantage of both sides of us, that 0.52 wave was really incredible.

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ChainSauceMaster

· 01-09 11:58

It's the same old trick again, retail investors are just like leeks, I've been used to it long ago.

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FOMOSapien

· 01-09 11:57

It's the old trick again; I'm already tired of it.

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Ramen_Until_Rich

· 01-09 11:55

0.52 That wave was really incredible, I was also one of the hunted... Now I don't even dare to look at my holdings. The institution's double-sided position building trick is so old-fashioned, retail investors will never keep up with their rhythm. $0.287 does have some support strength, but it seems like it will continue to fall? This market is really boring. Dumping to absorb chips and then pulling up the price, when will this cycle end... Anyway, I’ve given up. Once the Velo data came out, it was clear—it's all calculated. We're just the harvested leeks.

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StableNomad

· 01-09 11:51

honestly the $0.287 recovery screams institutional playbook... reminds me of UST in May when smart money was moving both sides. statistically speaking, retail never sees it coming lol

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