According to on-chain monitoring, Justin Sun continued to spend 15,000 ETH (US$57.3 million) to buy PT tokens of two LRTs expiring on 6/27 7 hours ago:
·10,000 ETH to buy 10,097 PT-weETH (1:1 exchange for weETH when it expires on 6/27);
·5,000 ETH to buy 5,031.1 PT-pufETH (1:1 exchange for pufETH when it expires on 6/27).
Currently, JustinSun has spent a total of 33,000 ETH in two days to buy PT tokens of LRT 6/27 on Pendle, and can get about 348.9 ETH (US$1.33 million) after expiration. In more than 20 days, you can get a 1% currency-based return (about 17% annualized).
