PENGU technical breakout confirmed with strongest weekly close in months
the numbers are stacking up in ways that make you reconsider what category this belongs in
TRADING METRICS:
• $2B daily volume across 21 venues
• 8M trades per day (100/second rate)
• 115B tokens traded (exceeding max supply)
POSITIONING DATA:
• CBOE 19b-4 ETF filing submitted
• 20+ major exchange listings (BTC/ETH/SOL level distribution)
• whale accumulation +11.37% over 30 days per nansen
MARKET CAP CONTEXT:
$616M vs other ETF-filed assets:
approaching 1B daily GIF views by EOY
this is what vertical accumulation looks like when smart money moves before the crowd catches on to infrastructure buildout
