$Pendle dormant accounts range from US$80,000 to US$2.41 million, can early investors cash out?
Wallet 0xf3e contracted 560,000 PENDLE tokens from "Pendle Finance: Vesting Distributor" between April 29, 2022 and April 28, 2023, with a cost price of only $0.147 and a current price of $4.
The initial cost was US$82,500, and now these tokens are worth US$2.41 million, with a profit rate of 3,000%. However, the tokens have been moved to exchanges and may be available for sale.
Its total locked-up value has increased 15 times from US$200 million in January 2024 to US$3 billion today. However, the current price is a bit high. If early investors start to cash out, traders of this token are recommended to batch it. It's safe to take profit for the second time.