Two addresses deposited a total of $1.27 million worth of PENDLE into CEX, with accumulated profits reaching 17 times
According to on-chain data monitoring, when PENDLE reached a new all-time high today, two wallets (presumed Pendle investors) deposited 477,211 PENDLE tokens into CEX at an average price of approximately $2.66 per token (equivalent to about $1.27 million). It is worth noting that they sold 1.06 million PENDLE tokens in 2022 and 2023 at a price of only $0.146 per token. Currently, they still hold 487,500 PENDLE tokens (approximately $1.31 million). Holding the token for two years resulted in a profit of $2.42 million (17 times return).
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