2025-12-03 06:31:47

That deployment address of the PENGU project has started showing activity again recently. Almost every few days, they transfer a batch to various exchanges, each batch being about $3 million worth of PENGU. The latest transfer was just completed early this morning.

From mid-July until now, a total of 38.811 billion PENGU tokens have been transferred out, which was worth about $108 million at the time. The timeline is quite interesting—it coincides precisely with the period when PENGU's second wave peaked at $0.04 and has since dropped to $0.01. Take a closer look at the project's operational rhythm this time.

PENGU-4.98%

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notSatoshi1971

· 6h ago

The project team has great timing... They're still dumping even when the price is falling.

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CoffeeNFTs

· 9h ago

The project's timing is truly ruthless—dumping as soon as it peaks. I just want to ask, isn't this a textbook example of a rug pull?

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SadMoneyMeow

· 12-03 07:01

Bro, this timing is insane—perfectly dumped at the exact moment.

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ChainProspector

· 12-03 06:59

The project's tactics are really ruthless, dumping as soon as it peaks. It's dropped to 0.01 and they're still transferring, the timing is spot on. Dumping 38.8 billion tokens one by one, retail investors are just the bag holders.

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HodlVeteran

· 12-03 06:55

Ha, I knew this was coming again. Just looking at the timing, I don't even need to check the candlestick chart—I can smell what's going on. Don't ask, just know it's a textbook example of losing big. This kind of operation rhythm is exactly like when I went all-in on those altcoins back in the day—the "agreement" between the project team and retail investors is just one round of bag-holding after another.

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LightningPacketLoss

· 12-03 06:45

Hmm... this timing feels off, dumping right at the top? It's the same old trick, the project team is putting on a show again. The timing of these transfers is so precise, it's honestly a bit of a slick move. I just want to ask if this is a kind of "confession" in some sense? I really can't hold it in this time, it's always like this. Over $100 million accumulated, and it's getting dumped bit by bit—who would believe this isn't just offloading? Feels like I get rekt every few days.

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CryptoNomics

· 12-03 06:37

lmao the timing is absolutely *chef's kiss* — they dumped $108m right as the price collapsed from $0.04 to $0.01. if you run a basic correlation analysis on their wallet movements vs price action, the r-squared is basically 1.0. textbook token velocity destruction, ngl.

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