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PIPPIN short sellers' "mysterious candlestick pattern" has resulted in losses exceeding $4.94 million, with their contract account's profit curve continuing to decline. - CoinFeed
Time 07:55

PIPPIN short sellers' "mysterious candlestick pattern" has resulted in losses exceeding $4.94 million, with their contract account's profit curve continuing to decline.

January 4, 2026
CoinFeed News

After holding the position for 45 days, the current paper loss is $2.843 million. If high-frequency funding costs are included, the total loss is as high as $4.945 million.

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