Whale are withdrawing a net 272 million PENGU tokens from Binance.
Strong accumulation activity has been detected as a whale withdrew a massive amount of $PENGU tokens from the exchange to a private wallet.
๐ณ Four hours ago, a whale wallet Token Millionaire 4Ups...BxdS executed 3 consecutive large withdrawals from Binance, totaling 272.2 million PENGU. The estimated value of these tokens is approximately $2.52 million USD.
๐ฆ This move is part of an accumulation streak over the past 2 weeks.
To date, this whale has amassed a total of 273.08 million $PENGU worth $2.55 million.
๐ข Withdrawing large amounts of tokens from exchanges typically indicates a long term holding sentiment and reduces selling pressure on the market.
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
