DORMANT INVESTOR'S WALLET DEPOSITS FINAL 1.4M PENDLE ($7.7M) TO BINANCE AFTER 7-MONTH SILENCE
Wallet 0x01f09570377df6abfc44f7f79afb392081cf842a, likely belonging to an investor, recently transferred its last 1.4 million PENDLE (valued at $7.7 million) to Binance at $5.498 per token after being inactive for seven months.
Key details about the wallet:
Initially received 1.8 million PENDLE from the Pendle Finance: Vesting Distributor contract between April 29, 2022, and April 28, 2023, at an average entry price of $0.147 (totaling $264K).Deposited all tokens to Binance at an average price of $5.771, on April 15 and November 10, 2024—timing these transfers at peak prices.
In the past 48 hours, three wallets connected to Pendle Finance have collectively deposited 2.625 million PENDLE (worth $14.38 million) to Binance.
Meanwhile, the price of PENDLE has surged 19.8% over the last week.
#PENDLE #pendle $PENDLE