Justin Sun spent 15,000 ETH ($57.3M) to buy PT tokens of two LRTs expiring on June 27 seven hours ago:
◎10,000 ETH to buy 10,097 PT-weETH (1:1 exchange for weETH on June 27);
◎5,000 ETH to buy 5,031.1 PT-pufETH (1:1 exchange for pufETH on June 27).
At present, Justin Sun has spent a total of 33,000 ETH in two days to buy LRT PT tokens expiring on June 27 on Pendle, and can get about 348.9 ETH ($1.33M) of income after expiration.
In twenty days, you can get 1% of the currency-based income (about 17% annualized). Do you think this rate of return is good? 🥰
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