PANews December 18 news, according to Spot On Chain data, $PENGU price dropped about 52.3% within 19 hours after the airdrop compared to its historical high ($0.0699). The following are the movements of the top 11 $PENGU airdrop recipients:
Total amount received: 991.36M $PENGU (peaking at a value of approximately $68 million);
Sold: 351 million $PENGU (approximately $10.7 million), accounting for 35.4% of the total amount received;
Current holdings: 620.29M $PENGU (approximately $18.6 million);
Strong holders: Only 4 out of 11 recipients still hold all airdropped tokens.