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[Bubblemaps Discovers $96 Million Worth of PIPPEN Tokens Withdrawn by 26 Addresses in Two Months] Bubblemaps posted on Platform X, stating that the PIPPIN project, which began in 2024, was almost forgotten by the community due to a price crash. However, over the past two weeks, the price of PIPPIN tokens has surged approximately 10x, with its market cap rising from $20 million to $220 million. During this period, the team has not provided updates or advanced the project, and its social media has not been updated for six months. On-chain data shows that 26 addresses withdrew $96 million worth of PIPPEN tokens from CEXs within two months, with most withdrawals occurring on October 24 and November 23. The timing, amounts, and fund patterns suggest coordinated activity among these wallets, and an investigation will be conducted.

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