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 On-chain reports from Spotonchain reveal that a prominent whale, identified as 0x97e, recently withdrew 851,298 PENDLE tokens worth $3.73 million from Binance’s hot wallet. This transaction follows a period of six months of inactivity with the token. Since December 4, 2023, the whale has strategically
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