A certain address sold 169 million PENGU tokens in the past hour and still holds 719 million

According to on-chain analyst @ai_9684xtpa, PENGU project's associated wallet (or early investors) are selling large amounts of PENGU tokens on the blockchain. As of now, they have sold PENGU tokens worth 8.74 million US dollars.

The address HoTdB...YL8YZ received 888 million tokens from the token deployment address yesterday (before the airdrop application), and sold 169 million tokens at 0.05164 US dollars per token in the past hour. They still hold 719 million tokens worth 40.14 million US dollars.