Arca-related wallets deposited 549,000 PENDLE to Binance 7 hours ago, losing $940,000

Lookonchain monitoring shows that a wallet related to Arca deposited 549,000 PENDLE tokens (worth $2.66 million) into Binance 7 hours ago, resulting in a loss of $940,000. This wallet does not seem to be good at trading altcoins, having traded a total of 12 coins, with only 5 being profitable, a win rate of 42%, and a total loss of $3.7 million.