PANews reported on December 3rd that, according to Ember Monitoring, the PENGU project's deployment address has been continuously transferring tokens to multiple centralized exchanges since mid-July, with a cumulative transfer of 3.8811 billion PENGU, equivalent to approximately $108 million. The size of each transaction has remained relatively stable at around $3 million, with the most recent transaction occurring early this morning. This period coincides with PENGU's drop from a high of $0.04 to the current $0.01, raising market concerns about continued selling pressure from the project team.