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Analysis: A wallet holding 4,500 ETH recently started sweeping into Pudgy Penguins

On August 22nd, Arcade.xyz consultant Cirrus wrote on X that a wallet holding 4,500 ETH started buying Pudgy Penguins in large quantities yesterday. The wallet has only made 32 transactions in total and has not been active since 2021. The main transactions include: buying an alien CryptoPunk for 4,200 ETH (sold for 4,500 ETH a few months ago); buying an EtherRock for 400 ETH; buying a dinopal for 370 ETH. According to Blur data, the floor price of Pudgy Penguins is temporarily quoted at 10.10 ETH, a single-day increase of 9.66%.