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.

PENGU-5,03%
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ContractBugHuntervip
· 7h ago
High-level buying followed by high-level selling, this trick is getting old. Does anyone really want to profit from this kind of spread? Wintermute's move is quite significant. Everyone's fleeing, looks like it's time to reduce positions. Institutions are getting faster and faster at cutting leek holders. That's why it's important to look at on-chain data; don't be fooled. All gone in just an hour? That's pretty harsh. The price has already risen so much, yet they keep pushing in. Serves them right.
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MemeCoinSavantvip
· 12h ago
lmao someone just yolo'd 164m pengu at the literal peak... the regression analysis on this dump is *chef's kiss* statistically significant 📊
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OnchainHolmesvip
· 01-14 02:05
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
· 01-14 01:55
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
· 01-14 01:40
The whales have run away, be careful, bagholders.
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