$PENGU
Attention!
$PENGU Project party suspected of large-scale dumping!
$8.74 million worth of tokens have been sold!
According to the latest monitoring, the PENGU project party's associated wallet (or early investors) has triggered a massive wave of selling on the chain!
As of now, this wallet has sold PENGU tokens worth up to $8.74 million!
The address HoTdB...YL8YZ, just before the airdrop claim, acquired 888 million tokens from the token deployment address.
In the past hour, this address has crazily sold 169 million tokens at a unit price of $0.05164!
Currently, it still holds 719 million tokens, worth up to $40.14 million!
What is the deeper meaning behind this large-scale dumping? Is it a strategy adjustment by the project party, or are early investors eager to cash out? Investors should closely monitor this dynamic and make a comprehensive judgment in conjunction with the project's fundamentals, market prospects, and other factors.
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