Arthur Hayes Buys $973K Worth of PENDLE and $1.03M Worth of LDO, Lookonchain Reports
COINOTAG News, December 26, via Lookonchain’s on-chain analytics, highlights notable wallet activity by Arthur Hayes, a prominent figure in crypto markets. The data shows a fresh allocation of PENDLE tokens, valued near $973,000, alongside a separate purchase of 1,855,000 LDO tokens, around $1.03 million, executed within a tight 20-minute frame.
Such on-chain movements illustrate deliberate exposure to DeFi governance tokens and staking ecosystems, reflecting a strategic tilt toward Pendle’s yield markets and Lido’s LDO utility. The developments contribute to ongoing whale activity discourse and may influence liquidity dynamics and market perception in the near term.
As always, readers should couple these signals with broader fundamentals and risk controls. Lookonchain‘s attribution of these acquisitions to Hayes underscores the importance of verified analytics in decoding high-profile wallet activity in the crypto landscape.
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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