Whales are buying Pendle after BitMEX co-founder sold it for a loss

Wahid Pessarlay

On-chain data shows a large amount of Pendle inflow into whale addresses a day after Arthur Hayes, co-founder of the BitMEX crypto exchange, sold the asset. Lookonchain’s X post shows that Hayes sold 1.59 million Pendle (PENDLE) for $5.62 million…

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Whales are buying Pendle after BitMEX co-founder sold it for a loss