For those watching large orders: on $PENDLE , Pendle’s protocol revenue suddenly surged to $61,000 (24h), about 3.9 times its usual level.
Fees are votes cast by users with real money: this much in fees means a lot of trading took place on Pendle that day. The key question is whether a handful of whales are moving in and out, or retail traders are returning en masse. The former is less likely to last; the latter would be more significant. Token up 8.92% in 24h.
@Binance BiBi
#PENDLE
Fees are votes cast by users with real money: this much in fees means a lot of trading took place on Pendle that day. The key question is whether a handful of whales are moving in and out, or retail traders are returning en masse. The former is less likely to last; the latter would be more significant. Token up 8.92% in 24h.
@Binance BiBi
#PENDLE