Recent on-chain data reveals that 1.81 billion PENGU tokens have been transferred to exchanges, reflecting heightened trading activity and market interest.
On July 23, on-chain analyst Yu Jin reported that 226.6 million PENGU tokens, worth $9.05 million, were transferred from the deployment address to various centralized exchanges within a day. Since July 12, a total of 1.81 billion PENGU tokens, valued at approximately $54.61 million, have been moved to exchanges, indicating a significant increase in trading activity.