Arthur Hayes Dumps 87% of $PENDLE Holdings in Just 4 Days

Amid the falling PENDLE prices, Arthur Hayes, the co-founder of BitMax, has shifted his strategy to an offloading phase. Recently, he deposited 240,000 PENDLE tokens worth almost $960,000 to Binance. Within the last four days, Arthur Hayes moved 1.835 million PENDLE tokens worth $6.57 million or 87% of his PENDLE holdings on exchanges like Binance and Bybit as a profit booking move. Hayes currently has 253,463 PENDLE tokens, worth slightly less than $1 million. PENDLE remains the fourth biggest asset in his portfolio, but the speculations have ignited that he has started to change his strategy on PENDLE.