Arthur Hayes Sells 61% of $PENDLE Holdings, Citing "Special Situation"

In the past two days, Arthur Hayes (@CryptoHayes) sold 1.27 million PENDLE (worth $4.4M), reducing 61% of his total holdings and leaving 820K PENDLE (worth $2.85M).

This comes just 9 days after Hayes tweeted about betting on PENDLE reaching $10. However, a few hours ago, he clarified that the reduction in his position was to fund a "special situation."

Hayes' strategic move has garnered attention in the crypto space, with speculation about what this "special situation" might entail.

Address: 0xa86e3d1c80a750a310b484fb9bdc470753a7506f

#PENDLE #pendle $PENDLE