Arthur Hayes, the founder of BitMEX, recently unstaked 1.56M PENDLE tokens (valued at $9.41M) from Pendle Finance around 4 hours ago.

Key details:

Hayes currently holds 1.7M PENDLE tokens (worth $10.26M) across two addresses.

He has an unrealized profit of $5.8M (+152%) from PENDLE.

Allegedly, he bought 1.596M PENDLE at an average price of $2.388 (estimated cost: $3.81M) from Binance, Wintermute Trading, and SushiSwap between April 29, 2021, and June 1, 2024.

Additionally, he received 100,000 PENDLE from Pendle Finance on June 2 and 5, 2023, when the price was $0.429 on average (valued at $42.9K).

Address:

0xa86e3d1c80a750a310b484fb9bdc470753a7506f

Stay tuned for more updates on significant moves in the crypto market!

$PENDLE