The post Whales Withdraw 1.76 Million PENDLE Tokens from Binance, Sparking Market Interest appeared on BitcoinEthereumNews.com.

COINOTAG News reports that on December 26th, monitoring from LookIntoChain revealed significant movements in the crypto asset PENDLE. A prominent wallet address, 0xe1f5, executed a withdrawal of 200,000 PENDLE tokens, approximately valued at $1.05 million, from the Binance exchange just seven hours ago. Concurrently, another wallet, 0xB757, also made headlines by withdrawing 250,000 PENDLE tokens worth around $1.31 million fifteen hours prior. Over the past week, these two whales have collectively withdrawn a staggering 1.76 million PENDLE tokens, translating to a total value of $9.24 million, with intentions to stake these tokens until December 17, 2026. Such activities underscore a growing trend among investors towards staking and long-term holding in the current climate. Source: https://en.coinotag.com/breakingnews/whales-withdraw-1-76-million-pendle-tokens-from-binance-sparking-market-interest/

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Filed under: News - @ December 26, 2024 2:18 am