Whale alert! 177 million PENGU airdrop hits the market, 4.82 million dollars turns into a liquidity bomb!
Two hours ago, a certain whale address wildly acquired 177 million PENGU airdrop (worth 4.82 million dollars) and ruthlessly dumped it on Binance! The recharge price was set at 0.02721 dollars, while last night at the peak on OKX, this batch of airdrops has plummeted in value to 5.164 million dollars!
This operation is simply a textbook case of "taking the airdrop and dumping on the market," as the massive influx of liquidity is testing the market's absorption capacity. The question arises: is this a golden opportunity to buy the dip, or are we on the edge of a waterfall diving faster?
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