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.