During the initial hours of cryptocurrency trading, Lookonchain made headlines with a significant transaction. A prominent Pendle token holder, often referred to as a “whale,” transferred a whopping 1.10 million Pendle tokens, valued at around $3.8 million, to the Binance exchange. The purpose behind this transfer was to sell the tokens on the exchange. Despite this sale, the whale still retains a substantial stake in Pendle, holding approximately 1 million Pendle tokens worth about $3.5 million. Stay updated with the latest news in technology by accessing NEWSLINKER.