Analysis: 12 First Transactions in the Past Months From Binance Deposit's New Wallet Spent 800 ETH on Pudgy Penguins
Arcade.xyz consultant Cirrus wrote on X: "In the past few months, I have noticed an interesting trend about buying Pudgy Penguins wallets. The first transaction of about 12 new wallets was a 60-300 ETH deposit from Binance, and then the only other transaction was to buy Pudgy Penguins. During this time, these wallets bought 800 ETH worth of Pudgy Penguins in this way.
I hope this is an insider trying to build up decentrally. "