$PIPPIN #当前行情抄底还是观望？

For those who haven't yet gone short, take a look and don't easily short strong-willed coins.
Reason:
The large open interest manipulator of ARC on Lighterxyz was taken down by the official Lighter yesterday, causing a sharp drop in ARC's price. Historically, the manipulator of JELLYJELLY by Hyperliquid was also dealt with, proving that these "perpdex" platforms also have centralized authority to pull the plug on certain coins when LPs are at risk.
In my opinion, PIPPIN is a magnified version of ARC. Currently, the main battlefield for PIPPIN's manipulation is on Aster. The reason for trading on Aster is simple: some security measures are now cracking down on market manipulation, so directly manipulating with multiple accounts on some security will get accounts banned. Aster doesn't do that, but it will transfer liquidity from some security. So opening positions and trading on Aster = a decentralized, unbannable proxy for some security.
Currently, PIPPIN's holdings on Aster are 80 million U, making it the 4th largest holding on Aster, while some security holds 100 million U.
Just like ARC to Lighter, when PIPPIN will be fully shut down depends entirely on when Aster will impose sanctions. Aster has already increased restrictions on PIPPIN, only allowing 1x leverage for opening positions. Clearly, Aster has realized the problem.
Therefore, shorting strong-willed coins is a high-risk operation. Although the final outcome is well known, the process of getting there can be painfully uncertain.