Whale activity is always interesting to track, especially when tokens are withdrawn from exchanges.On-chain data can offer useful insights, but context always matters.

🚨 Whale Alert: $PENGU Accumulation Spotted

On-chain data shows that a whale has accumulated 273.08M $PENGU tokens (~$2.55M) over the past two weeks, withdrawing most of them from an exchange into a private wallet.

Such movements often draw attention to a project, but whale activity can have multiple interpretations.

Source: Bitget News
This post is for informational purposes only and is not financial advice.
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