According to on-chain analyst Ember CN: Arthur Hayes, the founder of BitMEX, has made another significant transaction, withdrawing 100,000 PENDLE, amounting to approximately $610,000, from the major cryptocurrency exchange Binance. This follows his persistent PENDLE purchases on Binance and Wintermute since June last year.
Currently, Hayes holds an impressive 1,655,697 PENDLE, valued at about $10.21 million, purchased at an average cost price of around $2.27. As a consequence, these holdings have brought him a staggering floating profit of $6.45 million, representing a 171% increase.