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Balinayı 100 Million Airdrop Didn't Cut: Deposited Another 1 Million to Rising Altcoin - Coin Bulletin
Crypto whale invested 1 million dollars in the altcoin that has been frequently mentioned in recent days. Please provide the text to be translated According to the data transferred by the on-chain analysis platform Lookonchain, a notable development occurred in the cryptocurrency market.
Despite earning a profit of $3.52 million by receiving 116.7 million PENGU airdrop, a whale bought an additional 34.42 million PENGU by spending 5,250 SOL (approximately $1 million) on December 24th.
The investor's actions so far have revealed that he has not taken any steps towards the sale of PENGU and currently holds a total of 151.12 million PENGU (approximately 5.08 million dollars).
PENGU, a popular NFT project, was distributed as an airdrop by Pudgy Penguins. Although the initial days saw significant price drops due to sales, subsequent buying demand paved the way for rising prices.
This major investor continues to have confidence in PENGU assets for now and remains a significant player in the market.
For investors, this is something to watch carefully to assess PENGU's future potential and impact on the market. Traders may see this movement of a large whale as a signal for possible price fluctuations in the market.
According to CoinGecko data, PENGU, which has shown a 30% increase in the last 24 hours, is currently trading at $0.036.