🚀 **Crypto News Flash: Pendle Whales on the Move!** 🐋

- On-chain data reveals a surge in Pendle (PENDLE) inflows into whale addresses after BitMEX co-founder Arthur Hayes sold 1.59M PENDLE for $5.62M, incurring a $1.29M loss.

- Following Hayes' sell-off, PENDLE's price jumped 24%, making his sold tokens now worth $6.91M.

- Whale net flows shifted from 366,310 PENDLE outflows to 436,860 inflows, indicating large holders are accumulating.

- Large transactions ($100K+) dropped from 30 to 17, but volume has been rising since Sept. 19.

- PENDLE gained 28% in the past 24 hours, trading at $4.29 with a market cap of $690M.

What do you think about this whale activity? Share your thoughts below! 💬