The second largest PENDLE holder is suspected to have sold 1.2 million PENDLE, about 6.74 million US dollars
Golden Finance reported that according to the monitoring of on-chain analyst @ai_9684xtpa, the second largest PENDLE holder is suspected to have sold 1.2 million PENDLE worth $6.74 million. This is the first sale after the whale held it for nearly a year, and the estimated profit is $6.45 million. The address bought 3.44 million PENDLE at an average price of $0.2318 from February to April 2023, and has held it for 11 months. It recharged 34% of its holdings to Binance through a transfer address 1 hour ago at a recharge price of $5.58. The whale still holds 2.23 million PENDLE, with a floating profit of $11.94 million. The floating profit of these 3.44 million PENDLE was as high as $23.25 million at the ATH of the coin price on April 11.
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