Since its launch two months ago, BTCFi on Pendle Finance has experienced explosive growth, with its total value locked (TVL) surpassing the $1 billion milestone. The BTCFi ecosystem continues to flourish, with Pendle commanding an impressive 41% of the total locked value within the ecosystem. Pendle has steadily expanded its […]
Tag: Pendle
Arthur Hayes Offloads 87% Of PENDLE Holdings, Deposits $6.57M To Binance And Bybit
Arthur Hayes, founder of BitMEX, has recently made significant moves in the crypto market by reducing his PENDLE holdings. Over the last four days, Hayes has deposited a total of 1.835 million PENDLE, valued at $6.57 million, to both Binance and Bybit. This reduction represents 87% of his PENDLE position, […]
PENDLE PRICE ANALYSIS & PREDICTION (September 23) – Pendle Explodes To Two-Month High As It Leads Daily Altcoin Rally
Pendle’s bearish trajectory has continued to suspend amid the latest price growth. This positive action has changed the market landscape as it currently leads the daily altcoin rally with 24% gains since yesterday. Pendle’s price action is still within the bearish zone on a mid-term but its market structure appeared […]
Arthur Hayes Sells Millions Of PENDLE Below Predicted Price Target
Arthur Hayes, the former BitMEX CEO, recently sold a significant portion of his PENDLE holdings despite previously forecasting the token to reach $10. According to on-chain data from @lookonchain, Hayes offloaded $4.4 million worth of PENDLE over the past two days, representing roughly 61% of his family office fund, Maelstrom. […]
Penpie Hacker Continues To Launder $ETH Despite White Hat Bounty
The Penpie hacker remains active, continuing to funnel stolen Ethereum through Tornado Cash despite being offered a white hat bounty. To date, the hacker has transferred 4,000 ETH, worth approximately $9.66 million, to Tornado Cash from address 0xd44. They still retain 7,263 ETH, valued at $17.9 million, in their known […]
Whale Sells PENDLE At A Significant Loss Amid Declining Financial Returns
Pendle’s financial returns have been on a downward trajectory, reflecting broader challenges in the market. In the past six months, a notable whale, identified by the wallet address 0xfC0…1dcD6, locked up a substantial amount of PENDLE tokens only to face significant losses upon selling. This whale amassed a position of […]
Major Whale Liquidates $PENDLE Holdings, Suspected Institutional Activity
A significant whale, previously the second-largest holder of $PENDLE, has begun selling their holdings at an accelerated pace. In the past 12 hours, this whale transferred 489,000 PENDLE tokens (approximately $1.96 million) to Binance, netting an estimated profit of $1.78 million, with a cost basis of $0.35 and a transfer […]
Whale Action: $PENDLE Drops 5% Following Major Sell-Off
A major whale identified as 0xC54…4d62E, once the second-largest holder of $PENDLE, recently transferred 250,000 $PENDLE tokens to Binance. Valued at $1.13 million, this move, if sold, would net the whale a substantial profit of $1.03 million. This whale initially acquired $PENDLE at a cost of just $0.35 per token, […]
Significant Pendle Token Transactions By Major Holders Impact Market
A noteworthy transaction involving a major holder of Pendle tokens has emerged in the cryptocurrency market. Yesterday, an early investor deposited 447,350 PENDLE, valued at approximately $1.74 million, into Binance. This investor had received 562,500 PENDLE tokens two years ago and had not sold any until now. 5 hours ago, […]
Pendle Drops 7% Amidst Significant On-Chain Movements
Pendle’s value plunged 7% today, coinciding with notable on-chain activities involving major $PENDLE holders. A previously inactive whale moved 755,000 $PENDLE, valued at $3.83 million, to Binance. This whale still holds 4.27 million $PENDLE, worth approximately $21.7 million, with an estimated total profit of $22.8 million, reflecting an 843% gain. […]
Pendle Price Resurgence: Whale Activity And Market Dynamics
After experiencing a notable decline of up to 18% over the past week, the price of Pendle has staged an impressive comeback, surging by 9% in the last 24 hours. The resurgence in Pendle’s price coincided with intriguing activity from Whale 0x982, who appears to be a significant investor in […]
Pendle Sees Minor Decline As Smart Trader Makes Strategic Move
Today, the value of Pendle experienced a slight setback, with a 5% decrease bringing its current trading price to $5.4. Despite this dip, recent on-chain data from Lookonchain has unveiled an intriguing development involving a savvy trader’s strategic deposit into Binance. According to Lookonchain, this astute trader made a significant […]
Pendle Defies Market Crash With 22% Surge; Dormant Wallet Reawakens
Despite the recent turmoil in the cryptocurrency market, Pendle stands out as a beacon of resilience, boasting a remarkable 22% gain today and showcasing bullish behavior across all timeframes. Amidst the surge in price, Wallet 0x01f, believed to belong to a seasoned investor, has sprung back to life after nearly […]
Pendle Approaches $2B Market Cap Amidst Bullish Surge
Pendle, the decentralized finance (DeFi) token, is edging closer to the $2 billion market cap milestone, currently standing at $1.75 billion. The token’s trajectory remains decidedly bullish across all timeframes, with a remarkable 17% gain today and a staggering 147% surge over the past month, culminating in an all-time high […]
Pendle Token Shows Resilience Despite Minor Decline, Bullish Momentum Continues
Despite a slight dip of 2.5% in the past 24 hours, Pendle token remains resilient and continues to exhibit bullish behavior across various timeframes. Over the past 7 days, Pendle has surged by 30%, followed by impressive gains of 122% in the last 30 days and a remarkable 282% over […]
Pendle Yield Platform Surges To Record Highs, Attracting Whale Attention
Pendle, a prominent yield platform, has experienced an extraordinary surge in activity, boasting a Total Value Locked (TVL) of $4 billion and trading volume reaching $10 billion. In the past 24 hours alone, Pendle’s price skyrocketed by 27%, reaching an all-time high of $6.629. Amidst this bullish momentum, notable whale […]
Pendle Hits New All-Time Highs, Surges To $5.783 As Solana Integration Talks Spark Investor Interest
Pendle has hit a significant milestone in its market performance, reaching new all-time highs at $5.783 within the last 24 hours. This surge in value coincides with reports of Pendle’s team discussing implementation on the Solana blockchain, leading to increased interest and trading activity on the platform. Amidst Pendle’s price […]
Pendle Token Hits All-Time High As Developers Deposit Millions To Binance
Pendle, known for tokenizing and trading future yield, has reached a new milestone as its native asset surges to an annual high of $2.791. The protocol’s developers facilitated this surge by depositing millions of PENDLE tokens to the Binance exchange. Two wallets, likely owned by investors in Pendle, deposited 477,211 […]