TL;DR<\/p>\n
Whale exits with $2.13M profit as PENGU drops 8% but remains up 29% on the week.<\/span> A major PENGU holder recently sold 73.64 million tokens for $3.13 million in USDC, locking in a profit of $2.13 million. The whale had bought the tokens three months earlier for $1 million. The sale was executed at $0.042 per token, based on wallet data shared by Onchain Lens and Nansen.<\/span><\/p>\n A whale has sold 73.64M $PENGU<\/a> for 3.13M $USDC<\/a> at a price of $0.042, making a profit of $2.13M.<\/p>\n The whale bought these $PNEGU<\/a> for $1M $USDC<\/a>, 3months ago.<\/p>\n Address: 4MpYci2vGPiwmtsPu4LHgfuy3h4skEoEZZbmSkgkx94G<\/p>\n Data @nansen_ai<\/a> pic.twitter.com\/vthRR9Eijk<\/a><\/p>\n \u2014 Onchain Lens (@OnchainLens) July 24, 2025<\/a><\/p>\n\n The transaction took place as <\/span>PENGU<\/span><\/a> hovered near $0.042. In the past 24 hours, though, the token\u2019s price fell by 8%. However, over the past week, it is still up more than 29%, with total trading volume now above $1.8 billion.<\/span><\/p>\n PENGU has been shaping a rounding bottom since early 2025. After steady accumulation, the price pushed above the $0.03 neckline on strong volume. That level now serves as support. <\/span>According<\/span><\/a> to analyst Alpha Crypto Signal, the breakout was backed by clear buying pressure.<\/span><\/p>\n <\/a>Source: X<\/p>\n Moreover, the short-term trend remains above key moving averages. The 9-day EMA sits at $0.0356 and the 50-day SMA at $0.0176. Price action is currently holding above both levels, suggesting momentum remains with buyers as long as the $0.035 area holds.<\/span><\/p>\n Traders are also <\/span>watching<\/span><\/a> developments tied to a possible ETF linked to the Pudgy Penguins brand. While the filing is still under review, some expect that approval could boost access and raise visibility for the token.<\/span><\/p>\n This anticipation has added to buying pressure, especially as NFT activity has picked up. If demand continues, the price could challenge the recent high near $0.045.<\/span><\/p>\n After touching a high of $0.045, PENGU has pulled back slightly. Current support is seen near $0.035, while resistance is just above the $0.045 mark. The price is now around $0.04, and traders are closely watching to see if it holds.<\/span><\/p>\n The post PENGU Whale Nets $2.1M Profit as Prices Tumble, Will This Support Hold?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR Whale exits with $2.13M profit as PENGU drops 8% but remains up 29% on the week. Rounding bottom breakout holds strong with the asset above $0.03 neckline and key moving averages. ETF buzz and NFT demand fuel hopes for a rally; resistance stands just above $0.045 level. Whale Makes Exit With $2.13M Gain A […]<\/p>\n","protected":false},"author":0,"featured_media":83430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83429"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83429"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83430"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nRounding bottom breakout holds strong with the asset above $0.03 neckline and key moving averages.<\/span>
\nETF buzz and NFT demand fuel hopes for a rally; resistance stands just above $0.045 level.<\/span><\/p>\nWhale Makes Exit With $2.13M Gain<\/h2>\n
Pattern on Daily Chart Remains Intact<\/h2>\n
ETF Buzz Fuels Interest<\/h2>\n
![<\/a>Source: X<\/p>\nMoreover, the short-term trend remains above key moving averages. The 9-day EMA sits at $0.0356 and the 50-day SMA at $0.0176. Price action is currently holding above both levels, suggesting momentum remains with buyers as long as the $0.035 area holds.<\/span><\/p>\nETF Buzz Fuels Interest<\/h2>\nTraders are also <\/span>watching<\/span><\/a> developments tied to a possible ETF linked to the Pudgy Penguins brand. While the filing is still under review, some expect that approval could boost access and raise visibility for the token.<\/span><\/p>\nThis anticipation has added to buying pressure, especially as NFT activity has picked up. If demand continues, the price could challenge the recent high near $0.045.<\/span><\/p>\nAfter touching a high of $0.045, PENGU has pulled back slightly. Current support is seen near $0.035, while resistance is just above the $0.045 mark. The price is now around $0.04, and traders are closely watching to see if it holds.<\/span><\/p>\nThe post PENGU Whale Nets $2.1M Profit as Prices Tumble, Will This Support Hold?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"TL;DR Whale exits with $2.13M profit as PENGU drops 8% but remains up 29% on the week. Rounding bottom breakout holds strong with the asset above $0.03 neckline and key moving averages. ETF buzz and NFT demand fuel hopes for a rally; resistance stands just above $0.045 level. Whale Makes Exit With $2.13M Gain A […]<\/p>\n","protected":false},"author":0,"featured_media":83430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83429"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83429"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83430"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Gwmp12oXUAAXtxc.jpeg\"){kind=link}