0.01 will go down, this air, bottomless pit don't play

$PENGU

Didn’t expect that, right!

A whale spent 5.7 million USD to buy $PENGU

After depositing into Binance, it faced a nearly 2 million floating loss!

According to Onchain Lens data, a mysterious whale showcased its power in the past 13 hours,

spending 5.7 million USD in USDT and USDC, crazily sweeping up 138.92 million PENGU at an average price of 0.041 USD!

Subsequently, this whale directly deposited this batch of PENGU into Binance. What is the intention? The market is full of speculation.

However, the world is unpredictable! Currently, the market value of this batch of PENGU has shrunk to 3.74 million USD. If the whale has not made any selling moves, it will face a floating loss of up to 1.95 million USD!
Is this whale's operation a precise bottom-fishing or a deep trap?

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