Whales gambled on PENGU, with a floating loss of nearly 2 million US dollars after buying an order of 5.7 million US dollars. Is there still a chance for a plot reversal?

On-chain data shows that in the past 13 hours, a crypto whale bought 138.92 million PENGUs at an average price of 0.041 US dollars, with a total cost of up to 5.7 million US dollars, and quickly deposited the tokens into Binance. Surprisingly, the current market value of PENGU has fallen to 3.74 million US dollars. If the whale has not yet made a move, the floating loss on the book has reached 1.95 million US dollars.

This wave of "high-profile" operations has attracted widespread attention in the market, and the future trend of PENGU has also become the focus of heated discussion among investors. Is it a comeback against the wind or being deeply trapped? The subsequent market sentiment and the actions of whales may become the decisive factors.

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