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As the altcoin market witnesses a resurgence in activity, tokenized real-world assets (RWA) are worthy of your attention as a trader.

Arthur Hayes, the co-founder of BitMax, has drastically reduced his holdings in $PENDLE by an astonishing 87% within just four days. This significant move has sent shockwaves through the market and has left many investors wondering what it could mean for the future of this digital asset.

BitMEX co-founder and former CEO Arthur Hayes has attracted the attention of crypto enthusiasts with his latest investment strategies. On-chain stats show he has actively purchased Aethir (ATH) lately while shifting from Pendle (PENDLE). Arthur Hayes adds 30.89M ATH Spot On Chain revealed that Hayes purchased 30.89 million ATH, worth around $1.

Arthur Hayes once again dumped a massive 240,000 PENDLE tokens worth $957,600.

Arthur Hayes' family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain.

After selling millions of dollars worth of PENDLE tokens, Arthur Hayes, the ex-CEO and co-founder of BitMEX, purchased a significant amount of Aethir (ATH) tokens from centralized exchanges (CEXs). On September 23, 2024, the on-chain analytics firm TheDataNerd made a post on X (formerly Twitter) that Hayes had bought 14.

From PENDLE to MOTHER, and then some dog-themed coins: is Hayes charting the next big wave in crypto?

BitMEX co-founder Arthur Hayes has fueled speculations with his latest shift in the trading strategy. Recently, he has been seen offloading his PENDLE holdings, after praising the crypto over the past few months, while shifting his focus towards the DePIN project, Aethir (ATH).

BitMEX founder Arthur Hayes has had a complex relationship with Pendle (PENDLE), as demonstrated by his interactions with the protocol during the last few months.

On-chain data shows a large amount of Pendle inflow into whale addresses a day after Arthur Hayes, co-founder of the BitMEX crypto exchange, sold the asset. Lookonchain's X post shows that Hayes sold 1.59 million Pendle (PENDLE) for $5.

The Pendle crypto has recently garnered investors' attention with a high momentum rally and defying the sell-off from large holders. The recovery trend initiated with the U.S. Federal Reserve rate cut speculation but gained stability with a key resistance breakout.

PENDLE is poised for a potential surge, with predictions indicating it could climb to $6 if it successfully closes above the $4.90 mark.

After a sell-off of 350,010 Pendle (PENDLE) tokens worth $1.26 million on Binance and Bybit, a post by former BitMEX CEO and co-founder Arthur Hayes on X (formerly Twitter) gained widespread attention. On September 21, 2024, Hayes posted that Maelstrom (Hayes family office fund) had reduced its PENDLE holding.

Arthur Hayes deposits $1.26M PENDLE, and retains $5.93M unlocked tokens. PENDLE hits 8-day high amid market recovery and whale activity.

According to Lookonchain, veteran crypto investor and CEO of BitMex Arthur Hayes sold 350,000 $PENDLE tokens worth approximately $1.26 million at a loss of over $790K (~ -36%). According to the crypto insights provider, Hayes bought 392,911 $PENDLE worth $2.2 million (~$5.6 per token) through Wintermute between May 20 and June 21.

The cryptocurrency market retains its bullish outlook for the second half of September as Bitcoin rigorously attempts to reclaim $60,000. Along with most major altcoins, the Pendle price showcased a notable uptick during Monday's trading session to hit a 50-day high of $3.68.

Bitcoin has once again surged above $60k causing the entire cryptocurrency market to turn bullish with tokens like Orchid (OXT), Osmosis (OSMO), Peercoin (PPC), and Pendle (PENDLE) causing a buzz due to their price performance.

Amid the crypto market hitting a crossroads near the weekend, the altcoins market is ending the week on a minor recovery note. With the increasing chances of a breakout rally next week, many altcoins offer a simple buy low, sell high opportunity.

Pendle price has been on an uptrend for the past seven days, becoming the best-performing real-world asset (RWA) token in that sector. PENDLE gained a staggering 27% in a week, bringing its market cap to $547 million.

TL;DR Pendle's Expansion: Pendle, a DeFi protocol, has launched Bitcoin yield pools, allowing BTC holders to explore new yield strategies and broaden their options within the DeFi ecosystem.

The global cryptocurrency market cap rose early Thursday as upside momentum during the Asian trading hours pushed Bitcoin (BTC) to a one week high above $58,400. Several altcoins followed suit, with outperformers being Sui (SUI) and Artificial Superintelligence Alliance (FET). Amid broader market gains, Nano (XNO) and NEM (XEM) also rose.

The floating yields on the bitcoin-linked LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.

Pendle, a decentralized finance (DeFi) yield trading protocol, has made a significant leap by expanding into Bitcoin (BTC) yield options.

Pendle (PENDLE) has made a bold move into Bitcoin yields by launching a new BTC pool, offering Bitcoin holders enhanced yield trading opportunities. With the introduction of the LBTC x Corn Pool, Bitcoin enthusiasts can benefit from diversified strategies, including higher returns, fixed yields, and more trading options.