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Arca suspected to increase its position in PENDLE again, withdrawing 2.18 million coins within six days

PANews
PANews|Jun 20, 2025 00:48
According to @ EmberCN citing on chain data, investment firm Arca is suspected of reinvesting in PENDLE. In the past 6 days, it has withdrawn 2.183 million PENDLEs from Binance, valued at approximately 8.31 million US dollars based on the then current price of $3.8. Despite investing in the token three times in the past year, there is still a comprehensive book loss of approximately $960000.
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Jul 06, 03:51【A whale sold all 215850 HYPE for 8.37 million US dollars】
Jul 06, 01:51【James Wynn closes multiple Bitcoin orders and withdraws $30000】
Jun 26, 01:00【A whale deposited 531.63 billion PEPEs into Binance】
Jun 26, 00:53【Transfer 4.29 million CRVs from one wallet address to Kraken】
Jun 26, 00:52【Whale transfers 3500 ETH to Binance】
Jun 20, 01:01【Arca suspected to have restocked PENDLE】
Jun 20, 00:41【Investment firm Arca reinvests in PENDLE once again】

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