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Pudgy Penguins Deployer Moves 1.5B Tokens to Exchanges, Is a PENGU Dump Incoming?

source-logo  coingape.com  + 1 more 17 July 2025 11:02, UTC

Arkham revealed that the deployer wallet behind Pudgy Penguins (PENGU) transferred a staggering 1.5 billion tokens, worth around $45.56 million, to major centralized exchanges. This large-scale movement has ignited debate over whether a price dump could be next.

coingape.com

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