In the latest news, Spot On Chain detected that HashKey Capital deposited all 624,804 $PENDLE (approximately $4.28 million) held by HashKey Capital into Binance in the past 13 hours. This behavior has aroused widespread attention and concern in the market, because HashKey Capital is known for its precise buy low and sell high strategy. It has previously achieved a total profit of approximately US$9.94 million through two transactions of $PENDLE , with a rate of return as high as 350%.

This large-scale transfer may indicate that there will be large-scale selling behavior, which may be a stress test for PENDLE’s market price. For small investors, this may mean the need to observe market trends more carefully to avoid the adverse effects of possible market fluctuations. When big whales act like this, the market will often experience rapid and violent price changes, which requires us to remain highly vigilant and arrange our investment portfolio rationally to prevent unexpected events.

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