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TechFlow reports, according to Lookonchain monitoring, Arthur Hayes sold 350,000 PENDLE tokens (worth approximately $1.26 million) within the past hour, incurring a loss of about $790,000 (-36%).
He had previously purchased 392,911 PENDLE tokens (then worth around $2.2 million) via Wintermute between May 20 and June 21 at an average price of approximately $5.6. Three months later, the PENDLE price has dropped over 40%.
According to Lookonchain monitoring, Arthur Hayes sold 350,000 PENDLE tokens (worth approximately $1.26 million) in the past hour, incurring a loss of about $790,000 (-36%). He had purchased 392,911 PENDLE tokens (then worth around $2.2 million) from Wintermute between May 20 and June 21 at an average price of approximately $5.6. Three months later, the PENDLE price has dropped over 40%.
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