During the initial hours of trading in the cryptocurrency market, Lookonchain reported a significant transaction that grabbed the spotlight. A major Pendle token holder, also known as a “whale”, moved 1.10 million Pendle tokens valued at around $3.8 million to the Binance exchange for selling purposes. Despite this transfer, the whale still retains 1 million Pendle tokens worth approximately $3.5 million, highlighting their substantial investment in Pendle. Stay updated on the latest technology news by accessing NEWSLINKER.