TechFlow news, December 18 — According to monitoring by Spot On Chain, the top 11 recipients of the PENGU token airdrop have collectively claimed 991 million PENGU tokens (peaking at approximately $68.4 million). They have since sold 351 million tokens, cashing out around $10.7 million, which accounts for 35.4% of the total received. Only four recipients still hold their entire airdropped allocation, with a remaining balance of 620 million PENGU tokens (worth approximately $18.6 million). The PENGU price has dropped about 52.3% from its all-time high of $0.0699.
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