PENGU Price Dips 14.5% as a Team-Linked Wallet Sends 150 Million Tokens to Binance

Pudgy Penguins-linked wallet offloads $5.64M in PENGU amid steep market decline PENGU fails to reclaim $0.0402 resistance as price dips 14.5% over past 7 days MACD and RSI indicators suggest growing bearish pressure and fading buyer strength A wallet connected to the Pudgy Penguins NFT project team has transferred another substantial 150 million PENGU tokens, valued at $5.64 million, to the crypto exchange Binance. This significant move comes amid a broader market slump for the PENGU token, which has seen its price fall sharply in recent days. The wallet in question, which initially received 1.35 billion tokens from the project’s deployment address, has been steadily moving tokens to exchanges. Since the beginning of July, it has transferred a total of 485 million PENGU, worth approximately $17.67 million. . $PENGU 项目方关联地址 8hQvQ…zund8 再次向 #Binance 充值 1.5 亿枚 PENGU，价值 564 万美元 该地址曾在 2024.12 收到 PENGU 部署地址的 13.5 亿枚代币，且自 7 月以来已累计向交易所转移 4.85 亿枚，总价值 1767 万美元，均价 $0.03642 近七天 PENGU 已下跌 14.5% 钱包地址… pic.twitter.com/98jbz0… The post PENGU Price Dips 14.5% as a Team-Linked Wallet Sends 150 Million Tokens to Binance appeared first on Coin Edition .

Source: Coin Edition