Global #PENDLE

The recent deposit of a substantial amount of PENDLE tokens on Binance by a prominent whale has ignited discussions about the future price trajectory of this DeFi token. While some see this as a bullish indicator, others remain cautious about the implications of such a large influx of tokens into the exchange.

Arthur Hayes, the co-founder of BitMEX, sold 1.55 million PENDLE tokens valued at $9.41 million, leading to concerns among PENDLE token holders about a potential price drop.