Whale Invests $2.24 Million in PENDLE Despite Previous $108K Loss

COINOTAG reported on September 26 that, as observed by @ai_9684xtpa monitoring, a significant trading event took place two hours prior involving a whale who initiated a position of 505,000 PENDLE, equivalent to approximately $2.24 million USD. This investor had previously engaged in trading PENDLE when the token’s price reached its highest level four months prior. Initially opening the position at an average price of $6.19 USD, the whale later exited at $5.14 USD, recording a total loss of $108,000 USD. This movement indicates substantial activity in the PENDLE market, drawing attention to high-scale investments and their financial repercussions.