It is suspected that the same whale has withdrawn 1.538 million PENDLE from CEX in nearly four days
According to on-chain analyst Yu Jing's monitoring, in the past four days, 3 addresses (or belonging to the same whale/institution) have withdrawn 1.538 million PENDLE (worth $4.33 million) from CEX at an average price of $2.82 per unit. The commonality of these three addresses is that they are newly created and only have transactions of withdrawing PENDLE from CEX. It is analyzed that they may belong to the same whale/institution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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