According to ChainCatcher, Lookonchain monitored that a newly created address withdrew 90 million PENGU from Binance two hours ago, worth about $3.13 million. This large transfer has attracted widespread attention in the market because it may have an impact on the price and market value ranking of PENGU. On-chain data analysis shows that this transfer may be an operation by institutional investors or whale accounts, aimed at making strategic adjustments to the market. Nevertheless, the market reaction is not yet clear, and investors need to pay close attention to subsequent trends in order to adjust their investment strategies in a timely manner.