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TechFlow news, on December 13, according to on-chain analyst EJ's monitoring, the institution that accumulated 4.114 million PENDLE ($12.26 million) between March and September at an average price of $2.98 is likely Polychain Capital. These PENDLE were transferred entirely into FalconX eight hours ago, but the current PENDLE price has dropped to $2.19. This means these PENDLE holdings have incurred a loss of $3.25 million.
According to on-chain analyst Yujin's monitoring, the institution that accumulated 4.114 million PENDLE (12.26 million USD) between March and September at an average price of 2.98 USD per token was likely Polychain Capital. All these PENDLE tokens were transferred into FalconX eight hours ago, but the current PENDLE price has dropped to 2.19 USD. This means these PENDLE holdings are now at a loss of 3.25 million USD.
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