Suspected Pudgy Penguins official massive sell-off of Pengu, with on chain data showing shipments exceeding 40 million in 4 days

According to BroLeon, the Big Lion of Australia, on X (formerly Twitter), the official Pudgy Penguins wallet has been selling Pengu tokens through multiple centralized exchanges (CEX) during a period of high market sentiment recently. On chain data shows that in just the past 4 days, the cumulative shipment volume has exceeded 40 million pieces, and there were two large transfers to major exchanges just 6 hours and 13 hours ago. Currently, its wallet still holds Pengu worth over 1.1 billion US dollars.