Wu says that, according to @ai_9684xtpa's monitoring, the associated wallet of the PENGU project (or early investors) is conducting large on-chain sell-offs. As of now, they have sold 176 million tokens (nearly 20% of their holdings), worth approximately 9.287 million USD, with remaining tokens valued at 37.71 million USD. The address starting with HoTdB received 888 million tokens from the token deployment address yesterday (before the airdrop claim).