$PENGUIN Penguin Fever Continues, Whale Accumulates $2.6 Million Worth Of PENGUIN Tokens
Big capital continues to pour into the Meme Coin ecosystem on Solana, despite the recent hot rally, confirming that the appeal of the Penguin icon shows no signs of stopping.
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🔸 According to onchain data recorded on January 25, an anonymous whale executed a massive buy order for 20.78 million PENGUIN tokens. The total value of this deal amounted to 20,575 $SOL , equivalent to approximately $2.60 million at the time of the transaction.
🔸 Immediately after completing the purchase, the entire amount of tokens was transferred to another wallet address. This action is often a sign of moving assets to cold storage for longterm holding rather than selling for immediate profit.
🔸 The fact that big players are willing to spend millions of dollars to buy in at the current moment demonstrates solid confidence in the next growth phase of PENGUIN, despite the high volatility risks of the meme coin group.
As whales continuously accumulate and lock liquidity into storage wallets, will the scarce supply push PENGUIN to set a new peak next week, or is this a FOMO trap for latecomers?
News is for reference, not investment advice. Please read carefully before making a decision.