The second largest PENDLE holder is suspected to have sold 1.2 million PENDLE, about 6.74 million US dollars
Golden Finance reported that according to the monitoring of on-chain analyst @ai_9684xtpa, the second largest PENDLE holder is suspected to have sold 1.2 million PENDLE worth $6.74 million. This is the first sale after the whale held it for nearly a year, and the estimated profit is $6.45 million. The address bought 3.44 million PENDLE at an average price of $0.2318 from February to April 2023, and has held it for 11 months. It recharged 34% of its holdings to Binance through a transfer address 1 hour ago at a recharge price of $5.58. The whale still holds 2.23 million PENDLE, with a floating profit of $11.94 million. The floating profit of these 3.44 million PENDLE was as high as $23.25 million at the ATH of the coin price on April 11.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The market is not driven by individuals, but dominated by emotions: how trading psychology determines price trends

Crypto Coins Surge: Major Unlocks Impact Short-Term Market Dynamics
In Brief Crypto market anticipates large-scale unlocks, exceeding $309 million in total market value. Significant cliff-type unlocks involve ZK and ZRO, impacting market dynamics. RAIN, SOL, TRUMP, and WLD highlight notable linear unlocks within the same period.

Bitcoin Stable But Fragile Ahead Of BoJ Decision

BONK Remains Under Pressure as Bearish Structure Limits Recovery Attempts
