During the initial hours of cryptocurrency trading, a noteworthy transaction reported by Lookonchain grabbed the spotlight. In this transaction, a prominent Pendle token holder, commonly known as a “whale,” transferred a whopping 1.10 million Pendle tokens, equivalent to approximately $3.8 million, to the renowned Binance exchange. The motive behind this transfer was to sell the tokens on the exchange. However, it is intriguing to note that the whale still retains around $3.5 million worth of 1 million Pendle tokens, signifying their substantial investment in Pendle. Stay updated with the latest technology news by accessing NEWSLINKER.
