In a notable development, a savvy cryptocurrency whale has made a substantial investment in $PENGU, exchanging 500,000 $ai16z tokens (valued at $412,000) for the meme coin just two hours ago. This move comes after the whale successfully banked a $9.5 million profit from their $ai16z holdings. The whale’s $ai16z journey began with an initial investment of $1.15 million, which yielded 14.08 million tokens. After selling 7.87 million tokens for $5.57 million, the whale retained 6.21 million $ai16z tokens, now valued at $5.08 million. https://twitter.com/lookonchain/status/1872134765060739231?t=cYIDqY9gj2_dWxK-CjBTCQ&s=19 Meanwhile, the whale’s appetite for $PENGU has been growing steadily, with a total investment of $2.47 million
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