Whale's gamble on PENGU ends in disaster: 13 hours sweeping 138 million tokens, paper loss of 1.95 million USD!
On December 18, news from on-chain monitoring revealed that a certain whale purchased 138.92 million PENGU tokens at an average price of 0.041 USD in the past 13 hours, quickly depositing these tokens into Binance. This transaction was worth as much as 3.74 million USD, a true gamble.
However, the plot took a sharp turn. If this whale has not sold any tokens to date, their paper loss has reached 1.95 million USD! This operation swiftly transformed from “bottom-fishing king” to “high-position guard.” Such a massive influx of funds in a short time, coupled with price volatility, inevitably leads to speculation about hidden motives. Was it a misjudgment or is there a backup plan?
The market may soon reveal the answer.
Chasing trends is not scary; precise execution is the real skill! Follow the hunters, and we'll help you see through the whale's tricks!
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