Arthur Hayes Sells 350,000 PENDLE at a Loss of $790,000
Article is form Jinse
September 20, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, LookonChain has monitored that Arthur Hayes has sold 350,000 PENDLE tokens (worth $1.26 million) at a loss in the past hour.
It is understood that he purchased 392,911 PENDLE tokens (worth $2.2 million) from Wintermute between May 20th and June 21st at a price of $5.6. Today, three months later, the price of PENDLE has dropped by over 40%, prompting him to sell at a total loss of $790,000 (a 36% loss).
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