When the decentralized finance (DeFi) project Pendle (PENDLE) reached its all-time high, large sales came from two wallets.
PENDLE is the native token of the Pendle project, which focuses on tokenization and decentralized finance. 30 January reached its all-time high (ATH).
Reported by on-chain analysis platform Spot On Chain to data Accordingly, 2 different PENDLE wallets took action to evaluate the rise. The 2 wallets in question are with an average of $2.66 cryptocurrency exchange $1.27 million to Binance worth 477,211 PENDLE transferred.
Two of these wallets are currently in total: $1.31 million worth 487,500 PENDLE continues to hold. Thought to belong to the same investor wallets for 2 years While continuing to hold PENDLE in this process 17x with increase $2.42 million profit they got it.
According to CoinGecko data, in the last 24 hours 23% PENDLE, which is on the rise, at the time of writing from $2.75 is being traded.