Certainly it is technically possible, and it is also possible Pipin really did it. But nobody cares. First he is not any reference since long long years. And second, in contrary to what you tell, it is going down that is really diffilcult, not going up. If the breath-hold time was really a problem (which is really unlikely), he could have simply used faster sled to cut the time down. So even if he inhaled on the ascent, it barely invalidates the deed.
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