According to Odaily, Arthur Hayes has recently sold 1.59 million PENDLE tokens at an average price of $3.52 each over the past two days, earning $5.62 million. Following his sale, the price of PENDLE surged by 24%, making the 1.59 million tokens now worth $6.91 million. This price increase resulted in Hayes missing out on approximately $1.29 million in potential profit.