A crypto whale has withdrawn 10 million PNUT tokens from Binance, accounting for 1% of the total token supply. The tokens were transferred to a non-centralized exchange wallet. Another whale sold PNUT tokens to acquire MIRA tokens, resulting in an estimated loss of $600,000. These withdrawals have raised concerns about market sentiment and the potential for a price drop in PNUT tokens. PNUT's market performance has faced pressure, with a decline in the last hour and a significant drop over the past 30 days. PNUT gained attention after being listed on Binance and receiving social media buzz, but legal controversies and market corrections have impacted its price. The token is currently trading at a low price point, and its future prospects are uncertain. PNUT struggles come amid a broader downturn in the altcoin market. However, it has attracted speculative traders and has listings on major exchanges. The long-term stability of PNUT, like most memecoins, remains uncertain.



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