The value of Pendle experienced a slight setback, with a 5% decrease bringing its current trading price to $5.4.
A smart trader made a significant deposit of 1.2 million Pendle tokens, valued at $6.74 million, into Binance.
The trader strategically left behind 2.23 million Pendle tokens, equivalent to $12.3 million.
The trader's previous transactions resulted in a total profit on Pendle of approximately $18 million, showcasing their strategic prowess in navigating the cryptocurrency market.