PENGU Price Dips as Whales Dump $6 Million; More Pain Ahead?
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最新报道：Penguin-themed memecoin PENGU faced significant sell pressure as large holders, or "whales," dumped 336 million tokens worth approximately $336,000, causing a sharp price drop. The sell-off followed a rapid 1,000% price surge earlier, with whales capitalizing on profits. On-chain data revealed multiple large transactions to exchanges, signaling further potential declines. Despite the downturn, some traders remain optimistic, viewing the dip as a buying opportunity. The memecoin market continues to exhibit high volatility, with PENGU's fluctuations highlighting the speculative nature of such assets.
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