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Pudgy Penguins project team transfers $4.02 million worth of PENGU to exchanges, whale monitoring data analysis
【Crypto World】Noticed an interesting on-chain signal. The Pudgy Penguins project’s associated address just made a big move an hour ago—suddenly transferring $4.02 million worth of PENGU into a major exchange. According to real-time monitoring data from Onchain Lens, this transfer occurred on January 22. What does a large entry into an exchange by the project usually indicate? It could be preparing for liquidity management or paving the way for subsequent actions. Such whale-level transfer data is often worth traders paying more attention to.