The post Here Is How Crypto Trader Makes $18 Million Profit Through PENDLE Token appeared first on Coinpedia Fintech News
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 2.23 million PENDLE tokens valued at around $12.3 million.
Trader’s Investment Strategy
The trader’s investment journey began with purchasing 3.21 million PENDLE tokens using 869,757 USDC Coin at an average price of $0.27 per token between February 9 and April 22, 2023.
A smart trader deposited 1.2M $PENDLE($6.74M) into #Binance 3 hours ago, with 2.23M $PENDLE($12.3M) left.
He spent 869,757 $USDC to buy 3.21M $PENDLE at $0.27 from Feb 9 to Apr 22, 2023, then withdrew 111,055 $PENDLE($226K
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