Hayes Started Moving Altcoin With 28x Uptrend Prediction to Binance!

Popular cryptocurrency market name Arthur Hayes has moved the altcoin in his wallet.

Arthur Hayes has attracted attention with his latest transaction in Pendle ($PENDLE ), which he once referred to as his favorite altcoin. According to data provided by on-chain analysis platform Lookonchain, Hayes withdrew all of the 1.65 million PENDLE ($5.76 million) staked in his main wallet on September 21.

He then transferred 918,556 PENDLE worth $3.2 million to the cryptocurrency exchange Binance. Analysts warned that Hayes could also send the remaining #PENDLE balance to the exchange in the coming days or hours.

Hayes did not make a statement regarding this sale, but he recently drew attention by sharing a 28x increase for PENDLE. Hayes stated in his statement at the time that Pendle could increase 28x to $100 as Bitcoin strengthens in the decentralized finance (DeFi) ecosystem.

Although this situation drew the ire of investors, the PENDLE price was not significantly affected.

According to CoinGecko data, PENDLE, which has increased by 0.1% in the last 24 hours, is trading at $3.50 at the time of writing.

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