- Whale accounts signal bullish sentiment on $PENDLE with massive Binance withdrawals.
- $PENDLE value jumped 36.16% in a week, indicating strong market confidence.
- Analysis shows $PENDLE is aiming to break resistance at $6.97, hinting at more gains.
In recent market activities, notable transactions involving the cryptocurrency $PENDLE have caught the attention of investors and analysts alike. According to Lookonchain, a blockchain observer, two major whale accounts have actively been accumulating $PENDLE, involving massive withdrawals from Binance. This move signals growing interest and likely bullish sentiment towards $PENDLE among heavyweight investors.
Whales continue to accumulate $PENDLE!0xe675 withdrew 295,443 $PENDLE($1.95M) from #Binance 3 hours ago and 372,752 $PENDLE ($2.46M) from #Binance 3 days ago.
0xAa4c withdrew 115,500 $PENDLE($764K) from #Binance 30 mins ago and 384,500 $PENDLE($2.54M) from #Binance 4 days ago.… pic.twitter.com/w1MZTUHSZp
— Lookonchain (@lookonchain) April 10, 2024
Based on the tweet, the first account, identified as 0xe675, executed two major transactions, withdrawing 295,443 $PENDLE, valued at approximately $1.95 million, from …
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