According to TechFlow, on September 21, BitMEX co-founder Arthur Hayes posted on the X platform that his family office fund is reducing its PENDLE holdings. But even after the reduction, it is still one of its largest holdings.

Arthur Hayes said, “We still fully believe that PENDLE will become a leader in crypto interest rate derivatives. We reduced our position to fund special circumstances. Those who are watching our wallet will see the specifics in the near future.”