According to BlockBeats, Arthur Hayes, a prominent figure in the cryptocurrency world, has once again locked up a significant amount of PENDLE tokens. On June 11th, Hayes locked up 1.65 million PENDLE tokens, equivalent to approximately $8.4 million. This action was monitored and reported by Lookonchain. The lock-up period for these tokens is set to last until September 5th. This is not the first time Hayes has made such a move, indicating his continued confidence in the potential of PENDLE tokens. The reasons behind this action remain undisclosed. This move by Hayes is significant in the cryptocurrency market, as it indicates a strong belief in the value of PENDLE tokens. The lock-up of such a large amount of tokens could potentially influence the market dynamics of PENDLE. However, the impact of this action on the overall market remains to be seen.
Arthur Hayes Locks Up 1.65 Million PENDLE Tokens Once Again
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