COINOTAG reported on August 28 that EmberCN on‑chain monitoring identified a significant PENGU token movement to Binance. Approximately 200 million PENGU — valued at about $6.12 million — was transferred to the exchange roughly 30 minutes prior to the report. Analysis of historical flow shows the same address has routed a cumulative 765 million PENGU to Binance over the past two months, representing roughly $26.57 million at an average transfer price of $0.035. Market participants and custodial analytics providers will likely factor these documented exchange inflows into liquidity and order‑book assessments for PENGU, based on verifiable on‑chain records.
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Source: https://en.coinotag.com/breakingnews/whale-transfers-200m-pengu-6-12m-to-binance-address-sent-765m-pengu-26-57m-in-two-months/