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It seems that around $PENGU 0.04 is the profit-taking zone for Penguin Coin.
After being silent for 4 days, the deployment address of PENGU transferred 69M tokens (worth about 3 million USD) to the new Squads Vault "89414383" address (Figure 1).
According to previous transfer patterns, these tokens will be transferred in batches to various exchanges (Figure 2). In the past two weeks, the deployment address has continuously transferred nearly 2B tokens to exchanges through this pattern, with a total value of about 50 million USD.


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