Analysis Company Reveals: Mystery Whale Profited 1841 Percent on This Altcoin – Sold on Binance Today

According to Loononchain data, a whale cryptocurrency wallet appears to have made an extremely profitable transaction on Binance.

According to analysts, the whale in question deposited 1.2 million Pendle ($PENDLE) tokens to Binance approximately 4 hours ago. The value of these tokens at the time of writing this article is around 6.74 million dollars. However, the whale wallet still has 2.23 million $PENDLE, that is, 12.3 million dollars worth of tokens.

The whale wallet in question collected 3.21 million $PENDLE tokens, a portion of its $PENDLE tokens, between February 9 and April 22, 2023, when the $PENDLE price was $ 0.27. These tokens were purchased by the whale by paying 869,757 USDC, and a total of 3.21 million $PENDLE tokens were transferred to the wallet. Then, in his next transaction, on April 27 last year, he bought 111,055 $PENDLE tokens through Gateio, paying 226 thousand dollars, when the $PENDLE price was 0.49 dollars.

The intriguing whale's total profit level from $PENDLE trades is thought to be $18 million. This means that the whale made a profit of 1841%.

*This is not investment advice.