Whale Accumulates 2.452 Million PENDLE, Withdraws $2.7 Million from Binance

According to recent data from EmberCN, a notable institutional investor has once again made significant moves in the cryptocurrency market. On April 2nd, this whale withdrew approximately 913,000 PENDLE tokens from Binance, a transaction valued at around $2.7 million. Over the past five days, this entity has accumulated a staggering 2.452 million PENDLE, translating to an investment of about $7.03 million, with an average purchase price of $2.86 per token. This accumulation trend emphasizes the ongoing interest in PENDLE and potentially reflects a broader strategy for position building in the decentralized finance (DeFi) sector. Observers are keenly watching these movements, as they may hint at the future performance of both PENDLE and the wider crypto market.