Whales have accumulated Pendle (PENDLE) crypto as prices struggle to post gains. A whale recently took out notable Pendle tokens from exchanges, signalling a likely bump or an escape from expected degradation.
The Binance transaction involved the withdrawal of 200,000 Pendle crypto. This move fits in with a whale’s increasing love for Pendle, which seems to be trying to tread water in the broader market.
Whales are accumulating $PENDLE!
0xe1f5 withdrew 200K $PENDLE($1.05M) from #Binance again 7 hours ago.
0xB757 withdrew 250K $PENDLE($1.31M) from #Binance again 15 hours ago.
These 2 whales have withdrawn 1.76M $PENDLE($9.24M) from #Binance in the past 7 days and locked it… pic.twitter.com/zmIWsWK8tt
— Lookonchain (@lookonchain) December 26, 2024
PENDLE Crypto Ongoing Price Struggles
While the whale activity implies favourable fortune, Pendle’s price hasn’t been as optimistic. The token has fallen over 2% over the past day and is around $4.98. This downturn has come off a broader trend over the past few weeks when the token has struggled to regain momentum.
Pendle has also seen a dramatic drop in market capitalization. When writing, the market cap was around $812.04 million and decreased by 7.03%. The decline in Pendle’s market valuation ali
We współpracy z: https://www.thecoinrepublic.com/2024/12/26/whales-accumulating-pendle-crypto-price-pump-incoming/
