Crypto even The world is different every day altcoins and witnesses unexpected developments regarding these.
The Pudgy Penguin Multisig wallet, which is thought to belong to the developers of the Pudgy Penguins (PENGU) altcoin, which was launched today and started with a market value of approximately $ 2.3 billion, appears to have sold 88 million PENGU tokens according to onchain data. In addition, some more tokens were also moved by this wallet to centralized cryptocurrency exchanges. It seems that the amount sold corresponds to 3.5 million dollars in total.
The wallet in question had access to PENGU tokens very early on. However, it is not certain that this wallet belongs to the developers and may similarly belong to a market making company. Definitive information on the subject will come in the coming days.
However, there is also activity in some wallets that are considered to be related to the PENGU project or very early investors. According to the data, 176 million PENGUs have been sold so far, accounting for 20% of the total tokens held by early wallets. The value of the remaining tokens was measured as approximately 37.71 million dollars.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/buyuk-heyecanla-piyasaya-surulmustu-gelistiricilerin-bu-altcoinde-buyuk-dump-yaptigi-iddia-ediliyor/
