
A top wallet aggressively accumulated nearly $450K worth of Pudgy Penguins (PENGU), holding over 52 million tokens and securing $109K in profits, signaling strong confidence. Despite recent price recovery from lows, exchange net outflows remain negative, indicating holders prefer keeping tokens over selling. PENGU reclaimed the $0.010 support and is approaching the key $0.014 resistance, with bullish trader positioning dominant on Binance. If buyers break $0.014 decisively, the token could extend its recovery to higher levels.