1.64 billion PENGU on-chain liquidity: large holders cash out 2.16 million USDC after the rally

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【Crypto World】Interesting developments. $PENGU rose 13% today, and as a result, an address received 164 million tokens from Wintermute within the last hour. This transaction volume is significant—immediately afterward, all tokens were transferred out on-chain at a price of $0.0132 each, exchanging for 2.166 million USDC.

It appears to be a coordinated profit-taking move by an institution at a high point. Such large token movements usually indicate that major players are adjusting their positions, especially after a price rally. For traders who track on-chain activity, this kind of whale behavior data is worth paying attention to—it often reflects short-term market sentiment shifts.

PENGU12.54%
USDC-0.04%
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OnchainHolmesvip
· 2h ago
Oh my, this move is incredible—buying the dip and selling immediately, cashing out over 2 million in an hour? Wintermute, are they just boosting others?
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ApyWhisperervip
· 3h ago
Institutions are so quick, they run as soon as the rally starts—typical of the leek-cutting tactics.
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ETH_Maxi_Taxivip
· 3h ago
The whales have run away, be careful, bagholders.
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