PENGU token deployment address transferred out 137 million PENGU tokens, of which 100 million were sent to multiple exchanges.

According to on-chain analyst Yujin’s monitoring, after 100 million PENGU tokens (valued at $1.08 million) were transferred from the Pudgy Penguins token deployment address to centralized exchanges, the PENGU price dropped 7% from $0.01147 to $0.0106. Six hours ago, the PENGU token deployment address transferred out 137 million PENGU tokens (valued at $1.5 million), of which 100 million PENGU tokens (valued at $1.08 million) were sent to multiple exchanges including OKX.