Polychain Capital’s Significant PENDLE Movement Amid Market Activity

A wallet associated with Polychain Capital recently made a notable deposit of 1.71 million PENDLE tokens (valued at $6.97 million) to Binance, occurring nine hours ago. This movement follows an earlier withdrawal of the same amount from Binance, valued at $11.4 million, between April 6 and April 22. Should the tokens be sold at the … Read more

Pendle (PENDLE) Surges As Whale Withdraws Millions From Binance

Pendle (PENDLE) has emerged as a standout performer in the cryptocurrency market, demonstrating significant gains recently. At the time of writing, Pendle is trading at $4.49, marking a notable 16.15% increase over the past 24 hours and a 29.33% rise from the previous week, according to data from Coinmarketcap. PENDLE Whale Movement and Profitable Strategy … Read more

Pendle Experiences Significant TVL Drop Amidst Market Expirations And End Of Renzo’s Points Program

Pendle, a prominent DeFi protocol, has seen a dramatic 40% decline in its total locked value (TVL) over the past week. Since Wednesday, users have withdrawn nearly $3 billion, reflecting a noticeable decrease in interest in restaking airdrops. This decline is further compounded by the imminent conclusion of Renzo’s points program at the end of … Read more

HashKey’s Profitable PENDLE Trades: A Detailed Analysis

HashKey has recently deposited all 624,804 PENDLE tokens, worth $4.28 million, to Binance at a price of $6.765 per token. This move contributed to a 5% decline in PENDLE’s price over the past 24 hours.  This latest transaction marks the conclusion of HashKey’s third PENDLE trade, netting them a massive profit of $7.21 million, reflecting … Read more

The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets

This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As of Monday, the total value of the crypto economy stands at … Read more

This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls

On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto Asset Market Sees Varied Performance This week saw a mixed performance within the crypto … Read more

Pendle Token Records 5% Decline Today, On-Chain Data Reveals Trading Activity

Pendle token (PENDLE) experienced a further decline of 5% in its value today, adding to recent losses in its price. Amidst this downturn, on-chain reports from Lookonchain shed light on trading activity associated with the token, revealing insights into recent transactions and holder behavior. According to the data, a wallet linked to Arca was observed … Read more

Pendle Sees Significant Decline Amidst Market Volatility

Pendle has witnessed a substantial downturn, with a 16% decrease today and a 34% drop over the past week, bringing its price below the $5 threshold to $4.3. In a recent transaction, HashKey withdrew 178,126 PENDLE ($771K) from Binance at a price of $4.33, adding to their existing holding of 624,804 PENDLE ($2.71M). Known for … Read more

Pendle Shows Resilience Amid Market Volatility

Pendle, despite experiencing a 14% decline in the past 7 days following a significant surge in recent weeks, continues to offer promising opportunities within the realm of decentralized finance (DeFi).  Despite the short-term fluctuations, the sentiment surrounding Pendle remains largely positive, with investors eyeing its potential for yield generation. One notable aspect of Pendle’s appeal … Read more

Pendle Token Sees 7% Decline Following All-Time High, On-Chain Activity Reflects Positive Sentiment

Pendle, the decentralized finance (DeFi) token, experienced a notable decline of over 7% today, following a surge to an all-time high of $7.5 yesterday. The token is currently trading at $6.69, reflecting a correction after the recent price rally. Despite the decline in price, on-chain activity indicates positive sentiment surrounding Pendle. Reports suggest that Pendle … Read more