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The second largest PENDLE holder is suspected to have sold 1.2 million PENDLE, about 6.74 million US dollars

The second largest PENDLE holder is suspected to have sold 1.2 million PENDLE, about 6.74 million US dollars

Jinse2024/04/26 15:42
By:Jinse

Golden Finance reported that according to the monitoring of on-chain analyst @ai_9684xtpa, the second largest PENDLE holder is suspected to have sold 1.2 million PENDLE worth $6.74 million. This is the first sale after the whale held it for nearly a year, and the estimated profit is $6.45 million. The address bought 3.44 million PENDLE at an average price of $0.2318 from February to April 2023, and has held it for 11 months. It recharged 34% of its holdings to Binance through a transfer address 1 hour ago at a recharge price of $5.58. The whale still holds 2.23 million PENDLE, with a floating profit of $11.94 million. The floating profit of these 3.44 million PENDLE was as high as $23.25 million at the ATH of the coin price on April 11.

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