The top 11 PENGU airdrop recipients have cashed out approximately $10.7 million, accounting for 35.4% of their total receipts

According to TechFlow, on December 18, according to Spot On Chain monitoring, the top 11 airdrop recipients of PENGU tokens received a total of 991 million PENGU (peak value of about 68.4 million US dollars), and 351 million have been sold so far, cashing out about 10.7 million US dollars, accounting for 35.4% of the total. Only 4 recipients still hold all the airdrop tokens, and the current remaining holdings are 620 million PENGU (about 18.6 million US dollars). The price of PENGU has fallen by about 52.3% from its historical high of $0.0699.