On July 12, according to on-chain analyst Onchain Lens (@OnchainLens), 250.3 million $WEN (approximately $2.30 million) were transferred to a wallet associated with Peter Saddington. On-chain data shows that a total of 13 wallets bought $WEN early and then transferred all their holdings to the aforementioned associated address.
Currently, this wallet holds 25.03% of the total supply of $WEN on Robinhood Crypto. In addition, the entire address cluster spent only approximately $3,268 worth of ETH to buy 250.3 million WEN.[TechFlow]