
土澳大狮兄BroLeon 🐙|Jul 17, 2025 02:03
Are penguins starting to cash out money crazily
In the past month, Penguins have really been in the limelight, and everyone has given their support by changing their avatars. But I'm quite puzzled why the rise of Penguin Pengu has started to weaken in the past few days, despite the good sentiment of the knockoff market.
I went to the blockchain and found out that @ pudgypenguins, this guy with thick eyebrows and big eyes, took advantage of everyone's high mood to crazily ship through CEX in the past 4 days. After counting, he actually sold a total of 400000+in 4 days.
Is this a perfect interpretation of 'selling in the midst of a bustling crowd'?
Just 6 hours and 13 hours ago, they transferred tokens from multiple CEX companies including Coinbase, OKX, Bybit, Kucoin, etc. twice, each time with 3M tokens.
At present, they still have Pengu worth 1.11 billion US dollars in their wallets. I don't know if applying for an ETF is more expensive, so they are in such a hurry 🤣🤣🤣
Can you observe if the sell-off will continue? Portal:
https://intel. (arkm.com)/explorer/entity/pudgypenguins
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