Wu said that according to Arkham monitoring, the Pendle Ecosystem Fund multi-signature address: 0x39...eC9a transferred 600k PENDLE to Binance Deposit at 22:27 UTC+8 today, worth about $1.64 million. The Pendle Ecosystem Fund address: 0x39...eC9a received 23 million PENDLE from the PendleTokenDistribution address on October 7, 2023, and then continued to transfer 200k-1.3m PENDLE to Binance Deposit every month. Currently, there are 18.56 million PENDLE in the address, worth about $51.04 million.