Pendle Token Records 5% Decline Today, On-Chain Data Reveals Trading Activity

Pendle Token Records 5% Decline Today, On-Chain Data Reveals Trading Activity

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Source: TheMerkle.com

Pendle token (PENDLE) experienced a further decline of 5% in its value today, adding to recent losses in its price.

Amidst this downturn, on-chain reports from Lookonchain shed light on trading activity associated with the token, revealing insights into recent transactions and holder behavior.

According to the data, a wallet linked to Arca was observed depositing 549,000 PENDLE tokens, valued at $2.66 million, into Binance approximately 7 hours ago.

Read More https://themerkle.com/pendle-token-records-5-decline-today-on-chain-data-reveals-trading-activity/

The post "Pendle Token Records 5% Decline Today, On-Chain Data Reveals Trading Activity" appeared first here TheMerkle.com.

Source: TheMerkle.com

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