The wallets associated with the PENGU project (or early investors) are selling off a large amount on the chain. According to @ai_9684xtpa, 176 million tokens (nearly 20% of the holdings) have been sold so far, about $9.287m, and the remaining tokens are worth $37.71m. The address starting with HoTdB received 888 million tokens from the token deployment address yesterday (before the airdrop claim).