Whale's Huge Bet on PENGU, a 'Luxury Dive' with a Loss of 1.95 Million USD?!

In the past 13 hours, a whale has swept up 138.92 million PENGU at an average price of 0.041 USD each, totaling up to 3.74 million USD, and quickly deposited it into Binance. But if this whale has not sold yet, they have already seen a severe evaporation of 1.95 million USD on paper! Is it a senseless gamble, or a long-planned 'shark pool'?

In the spot market, every massive operation by a whale can stir up huge waves, especially for a volatile small coin like PENGU, the underlying logic is often intriguing: is it a prelude to market manipulation, or an overture to cutting losses? It is worth pondering.

For ordinary investors, this serves as a reminder: following whales does not guarantee profits, the abyss of the market is merciless, and the next huge wave may be right in front of you!

Understanding market rhythms is the beginning of controlling wealth! Stay close to Lao Tan, plan in advance, and let the next peak belong to your account! Follow Lao Tan, and never let opportunities slip away!