A certain PENDLE whale has once again deposited 489,000 PENDLE to CEX in the past 12 hours
According to on-chain analyst @ai_9684xtpa, the whale that once ranked second in PENDLE holdings has recharged 489,000 PENDLE (about $1.96 million) to CEX in the past 12 hours. It is expected to make a profit of $1.78 million (cost $0.35, recharge price $4). The shipping address starting with 0xb26 has had financial dealings with Grayscale before, so this PENDLE whale is likely an institution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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