Profit Selling Started in the Coin That Rising Throughout the Week: The Price May Fall!

PENDLE, the token of the trading protocol Pendle Finance, started to lose value this afternoon.

According to Etherscan data, the wallet coded hki.eth belonging to HashKey Capital sent 624 thousand 804 PENDLE ($4.23 million) to Binance today at 15.03 GMT and disposed of all PENDLE tokens. HashKey Capital still has 142 tokens worth more than $8 million in its wallet.

According to TradingView data, the PENDLE price, which rose more than 12% during the week, started to decline after HashKey Capital's transaction.

According to historical trading records, HashKey Capital purchases at low prices; It is selling at high prices and has earned $9.96 million so far thanks to PENDLE.

Originally developed on the Ethereum network, Pendle is a yield trading protocol through which its users can implement various yield management strategies