2026-01-14 01:10:52

PENGU market is hot. After just rising 13%, a key address received 164 million PENGU from Wintermute. But this inflow didn't stay for long. Less than an hour after receiving, this address transferred all the PENGU to the on-chain market and sold it all at once for 2.166 million USDC.

The average selling price was pegged at $0.0132. Market participants are generally paying close attention to such large-holder behaviors — after all, sudden concentrated selling during a rising market often signals different market signals. Wintermute's transfer flow once again becomes a focus of on-chain monitoring, as these whale-level transactions can often cause ripples in market expectations.

PENGU8,15%

USDC-0,05%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
5
Repost
Share

Comment

0/400

FlyingLeek

· 3h ago

It's Wintermute causing trouble again, selling everything within an hour. This pace doesn't seem right.

View OriginalReply0

ProxyCollector

· 3h ago

It was all gone in less than an hour, Wintermute's move is really impressive... Looks like someone is eager to cash out.

View OriginalReply0

MissedTheBoat

· 3h ago

Damn, isn't this just dumping the market? The price rises 13% and then they start selling off. Whale players really know how to pick the right timing.

View OriginalReply0

BlockchainFries

· 3h ago

Whale sells over 2 million in an hour, clearly dumping the market. Just a 13% increase and then they run? Losing confidence.

View OriginalReply0

LiquidityWitch

· 4h ago

Bro, you sold everything in an hour. How much do you really not believe in this? Wintermute is causing trouble again, and the whales are still so decisive. Rising 13% and then selling, that's really something... With this rhythm, it feels like it's going to drop later. Cleared everything in an hour, the big players' thoughts are all written on the chain. It's Wintermute again; this market maker really doesn't hold back. $0.0132 is the bottom-fishing price? Something's off.

View OriginalReply0