Abstract Shutdown Announcement: A Newly Created Address Withdrew $1 Million to Buy 25 Pudgy Penguins NFTs

Odaily News: According to on-chain data, shortly after the Abstract shutdown announcement, a newly created address withdrew $1 million from Kraken and then quickly bought 25 Pudgy Penguins NFTs on the market. As of press time, the address still holds $766,000 worth of ETH in its wallet. As of press time, the Pudgy Penguins NFT floor price stands at 3.3 ETH, up 6.8% in 24 hours. Pudgy Penguins CEO Luca Netz posted that Abstract is gradually shutting down, and its parent company Igloo Inc. will from today shift all of its focus to the development of Pudgy Penguins, Pudgy NFTs, and PENGU.