According to BlockBeats, on July 22, according to the monitoring of on-chain data analyst @ai_9684xtpa, a whale address starting with 0xC54, which ranks second in PENDLE holdings, once again transferred 250,000 PENDLE to Binance through a transit address, equivalent to approximately US$1.13 million. If sold, it would make a profit of US$1.03 million.
It is reported that the whale’s position building cost was only US$0.35, and it was built at the low point of the bear market (February 8, 2023 - October 20, 2023). In the past three months, it is suspected that it has sold 2.68 million tokens (about US$12.33 million) at an average price of US$4.58.
