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The whale that had been dormant for four years deposited 11,735 ETH into Pendle 7 hours ago

The whale that had been dormant for four years deposited 11,735 ETH into Pendle 7 hours ago

CointimeCointime2024/04/20 04:13
By:Cointime

According to blockchain analyst @ai_9684xtpa, a dormant whale address that has been inactive for four years woke up seven hours ago. The whale bought 13,449 ETH on-chain in September 2020 at an average price of $357 and has now made a profit of $36.25 million. Seven hours ago, the whale deposited 11,735 ETH into Pendle and converted it into weETH PT and YT, which will expire on June 27, 2024.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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