The post Pendle Whale Gains 680% ROI with $8.16M Profit appeared first on Coinpedia Fintech News
With the crypto bull run gaining momentum, a whale has booked a profit of $8.16 million, a nearly 7% return on Pendle. The whale sold 1.295 million Pendle tokens in exchange for $7.61 million in the past 12 hours. Starting from July 29 to November 11, 2023, the whale bought 1.595 million Pendle tokens using $1.2 million. The average purchase price for the whale was $0.752. Now, the whale has 300,000 Pendles worth $1.75 million, with an estimated total of $8.16 million, a 680% increase.