Pendle (PENDLE) Whale Alert: $3.8M Dumped on Binance

Lookonchain, an on-chain analytics platform, has detected significant trades involving PENDLE, the native cryptocurrency of the Pendle protocol. The platform identified a whale who deposited 755,000 PENDLE, equivalent to $3.83 million, to Binance for profit-taking. According to Lookonchain, the same whale withdrew 5.02 million PENDLE, worth $2.73 million, from Binance on August 18, 2023, when […]

The post Pendle (PENDLE) Whale Alert: $3.8M Dumped on Binance appeared first on Coin Edition.

Pendle (PENDLE) Whale Alert: $3.8M Dumped on Binance

  • Whale deposited 755,000 PENDLE, equivalent to $3.83 million to Binance for profit.
  • The same whale withdrew 5.02 million PENDLE, worth $2.73 million on August 18, 2023.
  • Arthur Hayes locked 1.65 million PENDLE worth $8.4 million until September 5, 2024.

Lookonchain, an on-chain analytics platform, has detected significant trades involving PENDLE, the native cryptocurrency of the Pendle protocol. The platform identified a whale who deposited 755,000 PENDLE, equivalent to $3.83 million, to Binance for profit-taking.

According to Lookonchain, the same whale withdrew 5.02 million PENDLE, worth $2.73 million, from Binance on August 18, 2023, when PENDLE traded at $0.54. After the recent transfer to Binance, the whale still holds 4.27 million PENDLE, equivalent to $2.17 million, with a total profit of $22.8 million, representing an…

The post Pendle (PENDLE) Whale Alert: $3.8M Dumped on Binance appeared first on Coin Edition.