PANews December 17 news, according to on-chain analyst @ai_9684xtpa monitoring, the PENGU project related wallet (or early investors) is conducting large-scale on-chain sell-offs, and as of now, has sold PENGU worth 8.74 million dollars.

Address HoTdB...YL8YZ received 888 million tokens from the token deployment address yesterday (before the airdrop claim), and in the past hour sold 169 million tokens at 0.05164 dollars; currently still holding 719 million tokens, valued at 40.14 million dollars.

https://www.panewslab.com/zh/sqarticledetails/8456q6sy.html