TechFlow, on January 23, according to on-chain analyst Ember (@EmberCN), a wallet suspected to belong to a Pendle investor or team member transferred 1.8 million PENDLE tokens (approximately $3.83 million) to the Bybit exchange seven hours ago.
The address received these tokens from the Pendle vesting contract between April 2022 and April 2023, when they were worth about $266,000. The address held the tokens for nearly three years, during which the value of PENDLE increased approximately 14-fold.




