Abstract After the shutdown announcement, a newly created address concentrated on buying 25 Pudgy Penguins NFTs.

BlockBeats news, October 7th, according to on-chain information, shortly after the Abstract shutdown announcement, a newly created address withdrew 1 million USD from Kraken and then quickly bought 25 Pudgy Penguins NFTs on the market. As of press time, its wallet still holds ETH worth 766,000 USD.

As of press time, the Pudgy Penguins NFT floor price is reported at 3.3 ETH, with a 24-hour increase of 6.8%.

Pudgy Penguins CEO Luca Netz posted that Abstract is gradually shutting down, and the parent company Igloo Inc. will from today shift all its efforts toward the development of Pudgy Penguins, Pudgy NFTs, and PENGU.