TechFlow reports on March 10, according to Ai Aunt's monitoring, a whale address 0x97e...9D617 that opened a position in PENDLE eight months ago appears to have liquidated its entire holding of 851,000 tokens about one hour ago, incurring an estimated loss of $1.958 million.
The address had an average entry price of $4.39 for PENDLE, but the token price had dropped to $2.09 at the time of this transaction, representing a 52% decline in value. The position had previously been up by $1.08 million at its peak.
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