TechFlow reports, according to on-chain analyst AI Auntie, a whale formerly holding the second-largest PENDLE position has transferred 250,000 PENDLE tokens (worth $1.13 million) to Binance. If sold, this would yield a profit of $1.03 million.
The whale's average acquisition cost was only 0.35 USDT, accumulated during the bear market lows between February 8 and October 20, 2023. Over the past three months, the whale has reportedly sold approximately 2.68 million tokens (around $12.33 million) at an average price of 4.58 USDT.
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