The address suspected to be associated with the PENGU project is still selling, and has sold $9.287 million worth of PENGU so far.
According to on-chain analyst Ai Yi, PENGU project-related wallets (or early investors) are still selling, with 176 million PENGU (nearly 20% of their holdings) sold for approximately $9.287 million, leaving the remaining token value at $37.71 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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