Arthur Hayes Deposits 240,000 PENDLE ($958K) to Binance
6 hours ago, Arthur Hayes, founder of BitMEX, made another large move, depositing 240,000 PENDLE (valued at $958K) into Binance from his wallet 0xa86e3d1c80a750a310b484fb9bdc470753a7506f.
Key Highlights:
In the past 4 days, Hayes has significantly reduced his PENDLE position by 87%, sending a total of 1.835M PENDLE (worth $6.57M) to both Binance and Bybit, at an average price of $3.581.After these substantial transfers, Hayes now only holds 213.516K PENDLE (valued at $836.982K), which is fourth in his portfolio.
Market Impact:
Arthur Hayes' series of deposits suggests he's taking profits, which could affect PENDLE's short-term price action. If he continues to liquidate, it may lead to further volatility for the token.
