Suspected Polychain Capital address transfers 4.114 million PENDLE to FalconX, with an unrealized loss of approximately $3.99 million
BlockBeats News, December 13, according to on-chain data analyst Ember Monitoring, an address suspected to belong to Polychain Capital transferred all of its 4.114 million PENDLE tokens to FalconX eight hours ago. Previously, this institution had accumulated approximately $13 million worth of PENDLE between March and September at an average price of $3.16. Currently, the price of PENDLE has dropped to $2.19, resulting in an unrealized loss of about $3.99 million for this position.
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