The wallet suspected to be associated with the PENGU project party has sold PENGU worth $8.74 million.

PANews December 17 news, according to on-chain analyst @ai_9684xtpa monitoring, the wallet associated with the PENGU project party (or early investors) is making large on-chain sell-offs, having sold PENGU worth $8.74 million so far.

The address HoTdB...YL8YZ received 888 million tokens from the token deployment address yesterday (before the airdrop claim) and has sold 169 million tokens at $0.05164 in the past hour; currently, it still holds 719 million tokens worth $40.14 million.