ChainCatcher message display, according to monitoring by The Data Nerd, a whale has withdrawn 200,000 PENDLE from Binance in the past 9 hours, worth approximately $1.04 million. Notably, this whale also withdrew 687,500 PENDLE from Binance last week, valued at about $4.26 million.

This investor has accumulated a total of 887,500 PENDLE at an average price of $5.97 and has chosen to stake all of it on Pendle. This series of actions has sparked market attention regarding potential fluctuations in the price and market cap ranking of PENDLE. While the movements of whales usually have some impact on the market, the specific consequences still need to be observed in terms of the market's further response.