Whale 0xe86 bought 953.3 MKR ($1.21M), 230,469 PENDLE ($706K), and placed orders to buy 42,900 HYPE ($488K) in the past 4 hours. Notably, the whale sold parts of its LINK and AAVE holdings, which are incurring a joint loss of $505K, to fund these buys.

Whale 0x373 further swapped 196.1B PEPE ($1.3M) for 720.6 ETH and then spent the ETH to buy 397,192 PENDLE ($1.22M) in the past 3 hours. The whale still holds 2.597T PEPE ($18.1M), with an estimated total profit of $28.4M (5.25x return), and may swap more PEPE for PENDLE.

Four fresh wallets just further withdrew 1M PENDLE ($2.97M) from Binance. Overall, in the past 5 days, a total of 5 fresh wallets, likely belonging to the same entity, have withdrawn 2.661M PENDLE from the exchange at an average price of $2.867 (estimated cost: $7.63M).