How Social "bullish" on #PENDLE ? Is the crowd effect causing Whales ๐ณ to pour capital? ๐ค
๐ฅOn January 11-12, famous KOLs in the Alpha Signals and RWA search field suddenly mentioned $PENDLE a lot, stating that PENDLE would lead the #LSD-Fi trend.
๐ณThis effect of these KOLs influenced Whales, and a huge capital began pouring into PENDLE. However, the price did not experience a significant jump. Specifically, the whales bought 12.73M PENDLE ~ $24.18M
But then, "rumor is just the rumor," $PENDLE did not increase further but stagnated, and Whales sold half of their PENDLE holdings on Jan 13. The selling pressure caused PENDLE's price to decrease in the following days.
Today, the whale capital experienced a significant surge due to the hot news of #DENCUN on Ethereum, and the attractive TVL in recent days.
๐PENDLE has prepared for a perfect jump, with a remarkable 22% increase in the last 24 hours.