• Pudgy Penguins-linked wallet offloads $5.64M in PENGU amid steep market decline
• PENGU fails to reclaim $0.0402 resistance as price dips 14.5% over past 7 days
• MACD and RSI indicators suggest growing bearish pressure and fading buyer strength

A wallet connected to the Pudgy Penguins NFT project team has transferred another substantial 150 million PENGU tokens, valued at $5.64 million, to the crypto exchange Binance. This significant move comes amid a broader market slump for the PENGU token, which has seen its price fall sharply in recent days. 

The wallet in question, which initially received 1.35 billion tokens from the project’s deployment address, has been steadily moving tokens to exchanges. Since the beginning of July, it has transferred a total of 485 million PENGU, worth approximately $17.67 million.

The post PENGU Price Dips 14.5% as a Team-Linked Wallet Sends 150 Million Tokens to Binance appeared first on Coin Edition.

• Pudgy Penguins-linked wallet offloads $5.64M in PENGU amid steep market decline
• PENGU fails to reclaim $0.0402 resistance as price dips 14.5% over past 7 days
• MACD and RSI indicators suggest growing bearish pressure and fading buyer strength

A wallet connected to the Pudgy Penguins NFT project team has transferred another substantial 150 million PENGU tokens, valued at $5.64 million, to the crypto exchange Binance. This significant move comes amid a broader market slump for the PENGU token, which has seen its price fall sharply in recent days. 

The wallet in question, which initially received 1.35 billion tokens from the project’s deployment address, has been steadily moving tokens to exchanges. Since the beginning of July, it has transferred a total of 485 million PENGU, worth approximately $17.67 million.

The post PENGU Price Dips 14.5% as a Team-Linked Wallet Sends 150 Million Tokens to Binance appeared first on Coin Edition.