PANews reported on December 18 that according to Spot On Chain monitoring, within 19 hours after the PENGU airdrop, the price of PENGU has fallen by more than 50% from its peak price. The first 11 PENGU airdrop recipients claimed a total of 991.36 million PENGU (peak value of $68.4 million); 351 million PENGU (10.7 million USD) have been sold, accounting for 35.4% of the airdrop. The current holdings of the 11 whales are 620.29 million PENGU (18.6 million USD), of which only 4 whales still hold all the airdrop tokens.