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Pudgy Penguins Deployer Moves 1.5B Tokens to Exchanges, Is a PENGU Dump Incoming?

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July 17, 2025
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Pudgy Penguins Deployer Moves 1.5B Tokens to Exchanges, Is a PENGU Dump Incoming?
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Arkham revealed that the deployer wallet behind Pudgy Penguins (PENGU) transferred a staggering 1.5 billion tokens, worth around $45.56 million, to major centralized exchanges. This large-scale movement has ignited debate over whether a price dump could be next. PENGU Deployer Moves Stir Market: Sell-Off Coming? Data from Blockchain analytics firm Arkham Intelligence showed the Pudgy

The post Pudgy Penguins Deployer Moves 1.5B Tokens to Exchanges, Is a PENGU Dump Incoming? appeared first on CoinGape.

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