A certain address traded PENGU and earned over $8 million in 20 minutes

According to BlockBeats, on December 17, according to Lookonchain monitoring, a trader made a staggering profit of 36,984 SOL (about 8.36 million US dollars) in less than 20 minutes by trading PENGU.

Once PENGU was launched, traders spent 23,742 SOL (about $5.36 million) to buy 239.6 million PENGU, and then sold them for 60,726 SOL (about $13.72 million).