A certain PENDLE whale has once again deposited 250,000 PENDLE to CEX through a transit address
According to on-chain analyst @ai_9684xtpa, the whale who once ranked second in PENDLE holdings, 0xC54...4d62E, has again deposited 250,000 PENDLE into CEX via a transit address. The value is $1.13 million and if sold will yield a profit of $1.03 million. This whale's position was built at only $0.35 during the bear market low (February 8th - October 20th, 2023). In the past three months, it is suspected that they have sold approximately 2.68 million tokens (about $12.33 million), with an average price of $4.58 per token.
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