Behind PENGU's 25% Surge: Retail Frenzy vs. Whale Exodus—Who Will Have the Last Laugh?

Question

[Crypto World] PENGU has been pretty interesting lately. The price jumped 25.47% in one go, soaring to $0.01221, and daily trading volume exploded—shooting up 153.5% to $333 million. Retail investors are clearly coming back, with the buy-sell Delta turning positive for the first time in four days.

However, the on-chain data isn’t as optimistic. Whales are still offloading, with the top holders dumping a net total of 22 million tokens in just two days. This move isn’t looking great.

On the plus side, the RSI has climbed from an oversold 28 to 44, showing that buying power is recovering. But here’s the issue: if whales keep selling, PENGU could easily get pushed back down to the $0.01 support level. The tug-of-war between retail and whales is still ongoing, so it’s worth keeping an eye on.

FudVaccinator · Accepted Answer

Retail investors got rekt again, no exception this time.

Whales are dumping, do you think we can’t see Delta turning positive? Wake up.

Getting excited over a 25% pump, but you’ll regret it when the $0.01 support breaks.

RSI is only at 44 and people are saying buyers are back? I’ve seen this move many times, it never ends well.

This is just the usual crypto drama, sit back and enjoy the show everyone.

GateUser-afe07a92 · Answer

Whales are selling while retail investors are buying; this script is getting old.

HypotheticalLiquidator · Answer

A whale dumped these 22 million coins—this is definitely the starting point of a domino effect... No matter how enthusiastic retail investors are, they can't withstand systemic risk.

BtcDailyResearcher · Answer

Are retail investors really daring to buy in this time? Why do I feel like we’re just making it easy for the big players to cash out?

A whale dumped 22 million coins—if that’s not an exit, then what is?

Can the $0.01 line hold? It still depends on whose hands have the stronger chips next.

NotFinancialAdvice · Answer

Retail investors celebrate while whales cash out—I've seen this script too many times.

Same old trick: the faster it pumps, the harder it dumps.

NewPumpamentals · Answer

Whales are dumping while retail investors are rushing in—this is the classic script for harvesting retail investors.