🎁🎁Binance Whale Moves Altcoin Price: Rising After Buying 🎁🎁
According to data provided by Lookonchain, a user opened a new wallet in the last hours and withdrew 90 million PENGU (approximately $3.13 million) from Binance.
This large transaction indicates that demand for the PENGU token is increasing and that it has attracted the attention of large investors. The creation of new wallets is often used for anonymous transactions or strategic savings, which could affect PENGU's price movements in the near term.
Large transfers can attract investors' attention and increase market speculation. According to CoinGecko data, PENGU has gained more than 11 percent in the last 24 hours, rising above $0.037. However, compared to its peak price of $0.068 on December 17, it has lost more than 40 percent of its value.
The total supply of PENGU, the token of the Pudgy Penguin project, which is part of the Solana ecosystem, is 88,888,888,888 units, and its market value is around $2.38 billion.
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