Hayes unstakes nearly $10M worth of Pendle: Time to sell?
Arthur Hayes unstakes $9.41 million worth of PENDLE tokens, raising community concerns about a potential price dump. Here's what you need to know.
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Arthur Hayes unstakes $9.41 million worth of PENDLE tokens, raising community concerns about a potential price dump. Here's what you need to know.
Arthur Hayes, co-founder of BitMEX, has recently unstaked 1.55 million PENDLE tokens, valued at $9.41 million.
With a bullish trend starting to surface in the crypto market, the underlying gears in the altcoins are turning bullish. Amidst the resurfacing altcoins, the PENDLE price action teases a massive breakout rally coming this month. With the trend reversal gaining momentum, the PENDLE price trend showcases dominance above $5.
The attention of market participants quite like a high-profile acquisition by a prominent figure. BitMEX co-founder Arthur Hayes has once again found himself in the spotlight as news breaks of his substantial acquisition of PENDLE coins from Binance, a move that has sparked intrigue and speculation within the cryptocurrency community.
In an attention-nabbing chronicle witnessed within the cryptocurrency realm, BitMEX co-founder Arthur Hayes has once again sent tongues wagging with his massive PENDLE accumulation. Despite the cryptocurrency's highly turbulent price movement over the past day, 100K coins were registered to have been accumulated from Binance, the world's leading cryptocurrency exchange.
Pendle is leading the way for a trend of DeFi 2.0, a new batch of networks building up its liquidity. Some projects in DeFi 2.0 are trending and often surpassing the growth of Bitcoin (BTC).
Crypto analyst Jason Pizzino says he's looking at four altcoins flashing signs of strength, which include Solana (SOL) and the memecoin Pepe (PEPE). In a new strategy session, Pizzino tells his 327,000 YouTube subscribers that alongside SOL and PEPE, derivatives platform Pendle (PENDLE) and decentralized GPU rendering blockchain Render (RNDR) have strong-looking market structures.
The cryptocurrency market for Ethereum-based altcoins is experiencing a notable surge, as a result of the approval of spot ETH ETFs, by the U.S. Securities and Exchange Commission (SEC), on May 23, 2024. This change in the U.S. watchdog regulatory position, has brought new hope to the market, causing significant price increases for various Ethereum
Pendle (PENDLE) reached highs of $6.49 on Wednesday before a slight retreat pushed prices to $5.86. Bulls are nonetheless looking to retake control with price currently at $6.04, down 2% in the past 24 hours but 46% up in the past week.
This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%.
Today, the global cryptocurrency market is facing a slight decline, however, certain Ethereum-based altcoins are standing out with impressive performance compared to Bitcoin amid volatility. While Bitcoin has seen fluctuations between $65,937.18 and $67,694.30, with a slight 0.02% rise in the last day and a 10.12% increase in the past week, some cryptocurrencies are making
The realm of cryptocurrencies, security stands as a cornerstone of trust and integrity. However, recent months have seen a surge in Pendle token thefts, sending ripples of concern throughout the cryptocurrency landscape.
In recent months, the Pendle token ecosystem has experienced a significant surge in thefts, with over $10 million worth of Pendle yield tokens stolen due to security breaches. This alarming trend underscores the pressing need for heightened vigilance among cryptocurrency users.
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $61,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,000 mark this morning.
BitMEX co-founder Arthur Hayes has ignited a crypto renaissance with his bold investments in Pendle (PENDLE), heralding a new era of innovation and opportunity across the cryptocurrency landscape. Hayes' visionary move, coupled with the dynamic maneuvers of cryptocurrency whales, has unleashed a wave of excitement and anticipation, positioning Pendle as a transformative force within the ever-evolving realm of decentralized finance (DeFi).
BitMEX co-founder Arthur Hayes just added about $500,000 to his seven-figure position in one decentralized finance (DeFi) altcoin project, according to on-chain data. According to the Ethereum (ETH) block explorer Etherscan, Hayes has purchased more than 98,560 Pendle (PENDLE) tokens, a project that allows users to tokenize and sell future yields.
The former CEO of Bitmex, Arthur Hayes, is once again in the news with his massive Pendle acquisitions, which were reported just an hour ago. After his latest “Buy in May and G Away” strategy went viral a couple of days back, it looks like Hayes is himself following what he preaches.
BitMEX co-founder Arthur Hayes has once again captured the attention of the crypto market with his latest investment move in Pendle (PENDLE). Following his disclosed cryptocurrency investment strategy for May in an article titled “Mayday,” Hayes has reaffirmed his reputation for bold predictions and market insights.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $62,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,000 mark this morning.
HashKey Group withdraws 178,126 PENDLE tokens from Binance within 30 minutes.
When the whole crypto market is focused on all the big fishes, a few small fishes, or to be precise, small market cap altcoins get ignored. These small-cap altcoins have the potential to return three times the investment.
In a sensational turn of events within the cryptocurrency market, a shrewd trader has captivated the attention of investors and enthusiasts alike by orchestrating a series of strategic moves that resulted in a staggering $18 million profit. This remarkable feat, achieved through transactions involving the PENDLE token, highlights the immense potential for substantial gains within the ever-evolving landscape of digital assets.
In a bold move, a savvy trader recently made significant transactions involving the cryptocurrency PENDLE, resulting in $18 million profits. According to reports from Lookonchain a prominent blockchain tracking platform, the trader deposited 1.2 million PENDLE tokens valued at approximately $6.74 million into Binance just three hours ago. The trader still holds 2.