PIPPIN Diamond Hands Exit: Sells 24.8 Million PIPPIN for $3.74M, Locking in $3.65M Profit (+4066%)
COINOTAG News reports that, per LookIntoChain’s on-chain monitoring on December 1, the 2Gc2Xg-initiated PIPPIN Diamond Hands address liquidated its entire stake of PIPPIN tokens—24.8 million held for over a year—realizing about $3.74 million and locking in roughly $3.65 million in profit, or about 4,066% return.
A year earlier, the same position was established when the holder acquired 24.8 million PIPPIN tokens with 450 SOL coins, a cost of roughly $90,000.
From January 11, gains neared $7.6 million, but no exit was executed then; subsequently, PIPPIN traded under a $10 million market cap. With a price rebound, the investor completed the liquidation by selling the full stack for 29,527 SOL, valued at about $3.74 million, securing a final cash-out and avoiding a missed opportunity.