According to The Data Nerd, a new wallet identified as DA719 recently withdrew 90 million $PENGU, valued at approximately $3.14 million, from Binance just 4 hours ago. Additionally, three days prior, another wallet labeled DWuQ3 had withdrawn 74.53 million $PENGU, worth around $2.65 million, from the same exchange. These substantial withdrawals from Binance may indicate potential market movements or strategic repositioning by large holders.