The post Arthur Hayes Stakes 1.65 Million PENDLE Tokens appeared first on Coinpedia Fintech News

In a significant financial move, the prominent crypto figure Arthur Hayes restaked a significant 1.65 million PENDLE tokens valued at approximately $8.4 million. This move signifies Arthur’s confidence in the potential of this crypto. Locking tokens in this manner helps to stabilize he token by reducing the current supply in the market, and increasing its demand. Locking the tokens until September 5th suggests Arthur’s expectations of positive development for PENDLE in this time frame.