Whale Betting PENGU, a "luxury dive" losing 1.95 million USD?!
In the past 13 hours, a whale has swept up 138.92 million PENGU at an average price of 0.041 USD/token, totaling up to 3.74 million USD, and quickly deposited it into Binance. But if this whale hasn’t sold yet, the account would have evaporated 1.95 million USD! Is it a pointless gamble, or a long-planned "shark pool"?
In the spot market, every massive operation by a whale can stir up huge waves, especially with volatile small coins like PENGU, the underlying logic is often thought-provoking: is it a prelude to market manipulation, or the overture to cutting losses? It’s worth pondering.
For ordinary investors, this is a reminder: following whales does not mean guaranteed profits; the market's abyss is merciless, and the next wave may be right in front of you!
Understanding market rhythms is the beginning of controlling wealth! Stay close to Lao Tan, layout in advance, and let the next peak belong to your account! Follow Lao Tan, and never let opportunities slip away!
