ChainCatcher message display, the on-chain data of the PENGU token has attracted market attention. According to monitoring by Spot On Chain, the top 11 airdrop recipients have received a total of 991 million PENGU, peaking at approximately 68.4 million USD. However, these recipients have sold 351 million tokens, cashing out about 10.7 million USD, with a sell-off rate of 35.4%.
It is worth noting that only 4 recipients still hold all of their airdrop tokens, with the remaining holdings amounting to 620 million tokens, valued at about 18.6 million USD. Meanwhile, the price of PENGU has fallen approximately 52.3% from its historical high of 0.0699 USD, indicating market volatility.