Whale or Institution Accumulates $7M in $PENDLE: A Closer Look at Recent Withdrawals

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The past few days have seen the attention of the cryptocurrency community caught by large-scale withdrawals from the Binance exchange. A remarkable 2.452 million $PENDLE tokens—worth around $7.03 million—has been pulled from the platform, and it’s pretty clear that three addresses (probably linked to the same whale or institution) are responsible for the withdrawals. The event has given rise to some intriguing speculation, not least because pulling that amount of $PENDLE from Binance is bound to have some sort of effect on the price. A Strategic Accumulation Across Multiple Addresses In the last four days, three new addresses have been

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