Recent data from Lookonchain reveals a significant accumulation of PENGU tokens by Korean investors. Over the past week, a staggering 945 million PENGU, valued at $32 million, has been deposited into three specific wallets across the Bithumb and Upbit exchanges. This substantial inflow has boosted the holdings of these three wallets to a total of 2.92 billion PENGU, currently worth $96.73 million. This represents a notable 3.8% of the total PENGU supply, suggesting a strong interest in the meme coin within the Korean market. While the reasons behind this increased accumulation remain speculative, it could indicate growing confidence in PENGU's potential, or perhaps a strategic move by large Korean investors. Further monitoring of these wallets and overall market trends will be crucial to understand the long-term impact of this accumulation. ```