PENDLE Price Wobbles as BitMEX Founder Sells
Big Sale, Big Questions: PENDLE token holders are jittery after Arthur Hayes, BitMEX co-founder, sold $9.4 million worth of PENDLE.
Market Concerns: The sale raises fears of a price drop, especially with Hayes still holding a large amount of tokens.
Hayes Still a Believer?: Hayes' recent purchases at a higher price suggest some continued faith in PENDLE.
What is PENDLE? PENDLE tokens power Pendle Finance, a platform for trading future yields.