🔴 $PENGU Holders Beware – A Whale Just Withdrew 3M $
I am monitoring $PENGU right now and the movement is not pretty. A huge whale just dumped 100,000,000 PENGU (3.06M $) directly on Binance. The address 8hQvQo...czund8 has been offloading for some time, and today, it hit hard.
At the same time, Bybit's funding went deeply into the red (-0.034266). This screams one thing: short sellers are loading heavily and the sentiment is quickly turning bearish.
Whale outflows + negative funding = not a random coincidence.
This looks like a coordinated setup where big players are taking profits while the crowd gets trapped.
I am keeping a close eye as this kind of outflow can lead to a panic sell if retail investors start to follow the whale's example.
PENGU is not dead, but this dump is an alarm signal.