空投后，由于顶级索赔人抛售代币，PENGU 价格暴跌 52%

对前 11 位 $PENGU 空投领取者采取的行动进行分析，揭示了一个明显的趋势：大规模抛售导致了显着的下行压力

The price of $PENGU has declined over 50% from its all-time high (ATH) in the past 19 hours following a massive airdrop. An analysis of the actions taken by the Top 11 $PENGU airdrop claimants reveals a clear trend: large sell-offs have contributed to significant downward pressure on the token.

在大规模空投后，$PENGU 的价格在过去 19 小时内从历史最高点 (ATH) 下跌了 50% 以上。对前 11 位 $PENGU 空投申请人采取的行动的分析揭示了一个明显的趋势：大规模抛售导致了代币的巨大下行压力。

While some claimants remain strong holders, a substantial portion of tokens has already been liquidated.

虽然一些索赔人仍然是强有力的持有者，但很大一部分代币已经被清算。

The $PENGU price has fallen over 50% from its ATH in the past 19 hours post-airdrop! So, what have the Top 11 $PENGU Airdrop Claimants been doing with their tokens?

在空投后的过去 19 小时内，$PENGU 价格较 ATH 下跌了 50% 以上！那么，前 11 位 $PENGU 空投领取者都用他们的代币做了什么？

➡️ Total Claimed: 991.36M $PENGU ($68.4M at peak).

➡️ 索赔总额：991.36M $PENGU（峰值为 6840 万美元）。

➡️ Sold Amount: 351M $PENGU ($10.7M), or 35.4% of the claimed… pic.twitter.com/aJL75hf0NT

➡️ 售出金额：3.51 亿美元 PENGU（1070 万美元），或认领金额的 35.4%……pic.twitter.com/aJL75hf0NT

According to Spot On Chain, The airdrop distributed 991.36 million $PENGU tokens, which were valued at a peak of $68.4 million when the price reached $0.06992. However, in just under a day, the token’s value has tumbled by 52.3%, erasing significant paper profits.

据Spot On Chain称，本次空投分发了9.9136亿美元的PENGU代币，当价格达到0.06992美元时，其价值最高为6840万美元。然而，在不到一天的时间里，该代币的价值暴跌了 52.3%，抹去了大量的账面利润。

A detailed breakdown shows that 351 million tokens—equivalent to $10.7 million—have already been sold. This accounts for 35.4% of the total claimed tokens. Meanwhile, the remaining 620.29 million $PENGU tokens are now worth just $18.6 million at current prices.

详细细分显示，已售出 3.51 亿枚代币（相当于 1070 万美元）。这占认领代币总数的 35.4%。与此同时，剩余的 6.2029 亿美元 PENGU 代币按当前价格计算，目前价值仅为 1860 万美元。

Top Claimants’ Actions Trigger $PENGU Price Decline

顶级索赔人的行动引发 $PENGU 价格下跌

The behavior of the Top 11 claimants reveals a divide between holders and sellers. Only four out of 11 claimants have chosen to hold onto their entire airdrop allocation, signaling confidence or a long-term outlook on $PENGU. However, the rest have sold varying portions of their holdings, either partially or entirely, to realize immediate profits.

前 11 名索赔人的行为揭示了持有人和卖家之间的分歧。 11 名领取者中只有 4 人选择保留全部空投分配，这表明对 $PENGU 充满信心或长期前景。然而，其余的人则部分或全部出售了不同部分的持股，以实现即时利润。

Claimant 1, who received the largest allocation of 177.3 million $PENGU, deposited the entire amount to Binance, selling for approximately $4.84 million.

索赔人 1 获得了最大的分配额 1.773 亿美元 PENGU，并将全部金额存入币安，售价约为 484 万美元。

Claimant 2 sold a small amount, just 2.1 million tokens, for 64.7K USDT, while sending 20 million $PENGU to mint other assets.

索赔人 2 出售了少量代币，即 210 万枚代币，换取 6.47 万 USDT，同时发送了 2000 万美元 PENGU 来铸造其他资产。

Claimant 4 netted significant profits by selling 73.8 million tokens for 11,249 SOL ($2.45M), while Claimant 5 sold over 62 million tokens for 8,015 SOL ($1.73M).

索赔人 4 通过以 11,249 SOL（245 万美元）的价格出售 7380 万个代币获得了可观的利润，而索赔人 5 以 8,015 SOL（173 万美元）的价格出售了超过 6200 万个代币。

At the other end of the spectrum, several claimants, including Claimants 3, 7, 10, and 11, have held onto their entire airdrop allocation despite the price decline. Their holdings now represent a combined value of millions of dollars at the current price.

另一方面，尽管价格下跌，但包括第 3、7、10 和 11 号索赔人在内的一些索赔人仍保留了全部空投分配。按当前价格计算，他们所持股份的总价值为数百万美元。

The massive sell-offs by key airdrop claimants have clearly contributed to the token’s sharp decline. Large sales often trigger panic among smaller holders, further driving prices down. The data suggests that heavy profit-taking by a few influential wallets has outpaced buying pressure, leading to the 52% drop from ATH.

主要空投申请人的大规模抛售显然导致了该代币的急剧下跌。大量销售往往会引发小持有者的恐慌，进一步压低价格。数据表明，一些有影响力的钱包的大量获利回吐超过了购买压力，导致 ATH 下跌 52%。

As the sold amount totals 351 million tokens, this liquidation has created significant supply pressure in a short timeframe. Such a high percentage of sold tokens within hours highlights the volatility and profit-driven behavior that often accompanies major airdrops in the cryptocurrency market.

由于已售出总量为 3.51 亿枚代币，此次清算在短时间内造成了巨大的供应压力。数小时内售出代币的比例如此之高，凸显了加密货币市场中经常伴随重大空投的波动性和利润驱动行为。

Airdrop Strategy and Market Sentiment Drive $PENGU Outlook

空投策略和市场情绪推动 $PENGU 展望

Airdrops are designed to incentivize user participation and reward community members, but they often lead to rapid sell-offs as recipients cash in on their windfall. The case of $PENGU reflects this familiar pattern: while some recipients have chosen to hold, others saw an opportunity to realize quick profits.

空投旨在激励用户参与并奖励社区成员，但当接收者从他们的意外之财中获利时，它们往往会导致快速抛售。 $PENGU 的案例反映了这种熟悉的模式：虽然一些接收者选择持有，但其他人看到了快速获利的机会。

The current market sentiment toward $PENGU remains uncertain. The price drop has sparked concerns over the token’s ability to recover, particularly as its ATH of $0.06992 now seems distant. However, the fact that four major claimants are still holding their tokens could signal optimism among long-term believers.

当前市场对 $PENGU 的情绪仍然不确定。价格下跌引发了人们对该代币恢复能力的担忧，特别是考虑到其 0.06992 美元的 ATH 现在看来还很遥远。然而，四个主要索赔人仍然持有其代币的事实可能表明长期信徒的乐观情绪。

The fate of $PENGU will likely depend on whether buying momentum can offset the selling pressure. With a significant portion of tokens still held by major claimants, any decision to sell further could exacerbate the price decline. Conversely, if sentiment improves and more investors view the current price as an opportunity to accumulate, a rebound could occur.

$PENGU 的命运可能取决于购买势头能否抵消抛售压力。由于主要索赔人仍持有很大一部分代币，任何进一步出售的决定都可能加剧价格下跌。相反，如果情绪改善并且更多投资者将当前价格视为吸筹机会，则可能会出现反弹。

For now, the data reveals a sharp contrast between profit-takers and committed holders among the Top 11 claimants. As the broader market assesses $PENGU’s long-term viability, the actions of these major wallets will continue to play a key role in influencing

目前，数据显示前 11 名索赔者中的获利者和坚定持有者之间存在鲜明对比。随着更广泛的市场评估 $PENGU 的长期生存能力，这些主要钱包的行动将继续发挥关键作用，影响