Investor with 9x Profit in Altcoin Shifts Focus to Binance: A Closer Look at Crypto Trading Trends (BNB)

• After years of waiting, a crypto whale, who has made significant profits, has attracted attention with its large-scale altcoin transfers.
• According to data shared by the on-chain analysis platform Spot On Chain, a crypto whale with a “0x982” wallet made a move for Pendle (PENDLE) on May 3.
• The data reveals that this whale deposited $3.34 million worth of PENDLE into the crypto exchange Binance within the last 24 hours.

A crypto whale has made headlines with a significant altcoin transfer, depositing $3.34 million worth of Pendle (PENDLE) into Binance. This move comes after years of waiting and significant profits.

Details of the Whale’s Move

The whale carried out this deposit operation at an average price of $4.46. This wallet had previously purchased 1.05 million PENDLE worth $678,000 at a cost of $0.54 between 2021 and 2022. The wallet in question made its first sale-oriented move on April 26, 2024, by depositing 1.05 million PENDLE worth $4.74 million into Binance at $4.51.

Remaining Balance in the Wallet

Following the transfer operations, there remained 200,000 PENDLE worth $926,000 in the wallet. This move by the crypto whale is significant and has attracted attention withi... Read the full article for FREE at COINOTAG!