Arthur Hayes locks 1.65M PENDLE ($8.4M) until Sept 5, signaling confidence in the asset's future performance.
Dormant whale deposits 755K PENDLE ($3.83M) into Binance, sparking market speculation and curiosity.
Whale's remaining 4.27M PENDLE worth $21.7M highlights significant profit potential and market strategies.
In a series of noteworthy transactions, significant PENDLE movements have recently emerged, shaking up the crypto market. Notable analytical platforms Lookonchain and Spot On Chain have disclosed these substantial activities, sparking interest and speculation among investors and crypto enthusiasts.
Arthur Hayes, a well-known figure in the crypto world, has locked up a staggering 1.65 million PENDLE, valued at $8.4 million, until September 5. This transaction, reported by Lookonchain, marks a strategic move that could influence market dynamics.
However, in a recent X post, Spot On Chain reported a notable on-chain movement involving a dormant whale in a separate development. This whale, which had been inactive for a considerable period, deposited 755,000 PENDLE, worth approximately $3.83 million, into Binance. This sudden activity has sparked speculation and curiosity among market watchers.
