A whale recently withdrew 1.538 million PENDLE from CEX at an average price of $2.82, equivalent to about $4.33 million.

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On April 1st, according to EmberCN monitoring, a suspected whale/institution appears to be accumulating PENDLE. Over the past 4 days, 3 addresses (likely belonging to the same whale/institution) have withdrawn 1.538 million PENDLE tokens (approximately $4.33 million) from Binance, with an average withdrawal price of $2.82.

These 3 addresses share common characteristics: they are newly created and contain only PENDLE withdrawal transactions from Binance. They are likely owned by the same whale/institution. The addresses are as follows:

0x21fBA58b20f62397c015bc1f5a15f742ad430dFA

0x6478C8681ADC3E7a0C17Aa1E1F0Ff16d1A61a8f6

0x981D8856f572Fb076626265114EAD67697dA5501

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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