Tag Archives: insider-linked wallet offloading

PENGU continues to plunge as insider wallet moves another $56M to exchanges

July 31, 2025 Comments Off on PENGU continues to plunge as insider wallet moves another $56M to exchanges

PENGU continues to plunge as insider wallet moves another M to exchanges

PENGU’s parabolic rise has crashed back to Earth. A brutal 17% weekly plunge wipes out gains as on-chain sleuths uncover a whale-sized sell-off. Evidence points to a single insider-connected wallet dumping a staggering $17 million in PENGU tokens onto exchanges since July, igniting fears of manipulation and fueling the dramatic reversal. Summary PENGU plunges 17% amid whale sell-off. A wallet …

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