According to CryptoQuant, the Spot Average Order Size metric revealed a cluster of large $PENGU buy orders at the $0.012 level. This suggests that major players — likely institutions or “whales” — have started entering positions during the dip.
💡 Such interest at this level could indicate that the market is preparing for a bounce. If $PENGU holds above $0.012, the chances of an upward move increase — after all, smart money rarely enters without a reason.
Despite the ongoing market movement, WhiteBIT and Pudgy Penguins have launched a joint promo where users have the opportunity to share a 500 USDTB prize pool by completing a few simple steps like engaging on Twitter and filling out a short form.