Arthur Hayes sold 350,000 PENDLEs at a loss, losing $BTC
According to monitoring by LookonChain, Arthur Hayes has incurred a loss by selling 350,000 PENDLE (worth $1.26 million) in the past hour. It is understood that he bought 392,911 PENDLE (worth $2.2 million) from Wintermute at a price of $5.6 per PENDLE during the period from May 20 to June 21. Three months later today, the PENDLE price has dropped by more than 40%, prompting him to sell at a total loss of $790,000 (a loss of 36%).
