Tag: PENGU

Binance’s upcoming removal of PENGU/FDUSD margin trading on December 11 has already slashed open interest by more than a third.

By admin Key Points Pudgy Penguins (PENGU) plummeted 9.58% over 24 hours, significantly outpacing the broader crypto market’s modest 3.02% decline. A cascading collapse in the memecoin sector triggered over $500 million in liquidations, with PENGU among the hardest hit. Binance’s upcoming removal of PENGU/FDUSD margin trading on December 11 has already slashed open interest […]