Binance Witnesses Significant PENDLE Token Accumulation by Whales

Recent developments in the cryptocurrency market have once again highlighted the strategic moves made by whales, with a notable accumulation of PENDLE tokens on Binance. Here’s a closer look at the latest trends and what they mean for investors.

Whales Accumulate Over $7.9M in PENDLE Across Five New Wallets

According to Lookonchain on-chain analysis, five newly generated wallet addresses have over $7.9 million worth of PENDLE tokens ($PENDLE) withdrawn from Binance in the last five days. This indicates that whales are buying more of the tokens, especially given the evident interest in the PENDLE token. The data further noted that all the wallets used in the withdrawals were newly created, and there was no record of any activity concerning the said wallet before withdrawals.

Binance Excludes Pi Coin in Latest Vote to List

Binance, the world’s largest crypto exchange, has once again excluded Pi Network from its recent Vote to List initiative. This marks the second time Pi has been overlooked, causing the token’s value to tumble to a fresh monthly low of $0.647051. pi coin price prediction experts are turning increasingly negative due to the rejection.