Dormant vesting wallet deposited all PENDLE to Binance amid pump

Apr 06, 2024

Auto generation

Outflow

Related addresses

0xab669939616f8256f0eed3fadc0e316d00d9a67f

Total tokens transferred

562.5K

PENDLE

Related transactions

0xab669939616f8256f0eed3fadc0e316d00d9a67f

Binance deposit

Apr 06, 06:47

Wallet 0xab6 (likely an investor) just deposited all 562,500 PENDLE ($3.99M) to Binance at $7.093:

transaction: 0x12318b2f141699b22f57b5086edf70f5ca30025227124834c505734300099f7c
address: 0xab669939616f8256f0eed3fadc0e316d00d9a67f

Notably, the wallet received those PENDLE tokens from the "Pendle Finance: Vesting Distributor" contract between April 29, 2022, and April 28, 2023, at an average price of only $0.147 ($82.5K).

The PENDLE price pumped 12.95% in the past 24 hours.

Fig 1. Wallet 0xab6 (likely an investor)'s overall PENDLE activities.

#pendle

#investor

#vesting

#pendle finance

#deposit

#binance

#pump

Related visualizers

Dormant vesting wallet 0xab6 deposited all PENDLE to Binance amid pump

Last synced: Apr 07, 01:26

Related signals

2025 Jun 03 - 12:42

Fresh wallet withdrew 500,000 PENDLE ($2.14M) from Binance

Fresh wallet 0x399 just withdrew 500,000 PENDLE ($2.14M) from Binance. Notably, this wallet was funded with 0.01 ETH from an unidentified wallet to cover gas fees.

2025 Apr 04 - 01:02

Whale bought $2.41M worth of MKR, PENDLE, and HYPE

Whale 0xe86 bought 953.3 MKR ($1.21M), 230,469 PENDLE ($706K), and placed orders to buy 42,900 HYPE ($488K) in the past 4 hours. Notably, the whale sold parts of its LINK and AAVE holdings, which are incurring a joint loss of $505K, to fund these buys.

2025 Apr 04 - 00:20

Whale further swapped $1.2M+ worth of PEPE for PENDLE

Whale 0x373 further swapped 196.1B PEPE ($1.3M) for 720.6 ETH and then spent the ETH to buy 397,192 PENDLE ($1.22M) in the past 3 hours. The whale still holds 2.597T PEPE ($18.1M), with an estimated total profit of $28.4M (5.25x return), and may swap more PEPE for PENDLE.