Suspected Polychain Capital address transfers 4.114 million PENDLE to FalconX, with an unrealized loss of approximately $3.99 million
BlockBeats News, December 13, according to on-chain data analyst Ember Monitoring, an address suspected to belong to Polychain Capital transferred all of its 4.114 million PENDLE tokens to FalconX eight hours ago. Previously, this institution had accumulated approximately $13 million worth of PENDLE between March and September at an average price of $3.16. Currently, the price of PENDLE has dropped to $2.19, resulting in an unrealized loss of about $3.99 million for this position.
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.
You may also like
Solana: Frequent DDoS Attacks in the Past Week, but No Impact on Network Performance
Data: Yesterday, the net outflow of Ethereum spot ETF reached $224.94 million
The top 25 banks in the United States are actively expanding into bitcoin business.
