Billionaire collector Adam Weitsman confirmed on October 11, 2026 the purchase of 117 Pudgy Penguins, bringing his total to 167 NFTs from this collection. The acquisition was framed as support for the community during a difficult period following the company’s decision to shut down Abstract, its layer-2 project. The Pudgy Penguins floor price surged 16.7% within 24 hours to approximately 2.74 ETH, around $6,900. Weitsman, who first invested in the collection in December 2025 and considers it one of his favorites, now holds 167 Pudgy Penguins across several wallets, a concentration that gives him significant influence over the market for this collection.
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