In a short 5-minute candle, the volume variation was 20 million, almost twice the daily average, and in the 1-hour candle, the volume variation was 46 million, meaning that almost instantaneously there were 20 million in sell orders and equally 20 million in buy orders. It's a shame that my position was modest, but it could also have been a leveraged operation and could have been liquid.

The rapid and temporary price drop in the pair $PENGU /USDC, without significant reflection in the Pengu/USDT pair, can be explained by a combination of factors related to market structure and isolated actions. Here are the most likely causes:
1. Low Liquidity in the USDC Pair
- Sparse orders in the order book: If the Pengu/USDC pair has less liquidity (few buyers/sellers in the order book), a single large sell order ("market sell") can "knock down" the price by consuming all buy orders down to lower levels.