The price of $PENGU fell by 7%, from $0.01147 to $0.0106, after 100 million $PENGU tokens, valued at $1.08 million, were transferred from the @pudgypenguins token deployment address to centralized exchanges (CEXs). Six hours prior, the deployment address moved a total of 137 million $PENGU tokens, worth $1.5 million, with 100 million of these tokens subsequently sent to exchanges including OKX.
$PENGU Drops 7% Following Large Transfer to Exchanges
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