PANews reported on December 18 that according to Spot On Chain monitoring, within 19 hours after the PENGU airdrop, the PENGU price has dropped by more than 50% from its peak. The top 11 PENGU airdrop recipients claimed a total of 991.36 million PENGU (peak value of $68.4 million); currently, 351 million PENGU ($10.7 million) have been sold, accounting for 35.4% of the airdrop. The 11 whales currently hold 620.29 million PENGU ($18.6 million), of which only 4 whales still hold all the airdropped tokens.
The first 11 PENGU airdrop recipients have sold 351 million PENGU, equivalent to about 10.7 million US dollars
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