🚨 Massive $PENGU Token Transfers to CEX – What’s Going On?

In the past 24 hours alone, 206.9 million $PENGU tokens (worth ~$8.91M) were moved from the PENGU deployment address to multiple centralized exchanges (CEX). 📦📤

But that’s just part of the picture...

🔍 Since July 12, over 2.091 billion $PENGU (valued at ~$66.6M) have been transferred from the same address to CEX — raising eyebrows across the crypto community. 👀

💡 What This Could Mean:

Potential team unlocks or distribution?

Preparing for market liquidity or strategic sell-offs?

Or something else behind the scenes?

With large-scale movements like this, it’s important for holders to monitor exchange activity and stay alert for any sudden shifts in price action or sentiment. 📊⚠️