| Time | Details |
|---|---|
| 2024-07-04 15:46 |
Pendle Finance Transfers 1 Million PENDLE to Binance
According to @EmberCN, 40 minutes ago, Pendle Finance's ecosystem fund transferred 1 million PENDLE tokens (worth $4.04M) to Binance. This year, the fund has cumulatively transferred 4.4 million PENDLE tokens (worth $13.1M) to Binance at an average transfer price of $2.98. The fund still holds 18.16 million PENDLE tokens (worth $73.73M). (Source) |
| 2024-08-13 02:13 |
Pendle Finance's Ecosystem Fund Transfers $1.64M PENDLE to Binance
According to @spotonchain, Pendle Finance's Ecosystem Fund deposited 600K PENDLE tokens, valued at $1.64 million, to Binance approximately 11 hours ago. In 2024, the fund has transferred a net amount of 4 million PENDLE tokens (worth $11.2 million) to centralized exchanges (CEXs), leaving a balance of 18.56 million PENDLE tokens (worth $51 million). Historically, the price of PENDLE tends to dip slightly following such deposits. (Source) |
| 2024-08-30 02:12 |
Whales Unstake and Deposit $ENA to Binance at Significant Losses
According to @spotonchain, four whales have unstaked and deposited 15.86 million $ENA (valued at $4 million) to Binance within the past 24 hours, incurring significant losses. These whales had originally withdrawn $ENA from Binance between April and August 2024 and staked the tokens with Pendle Finance to earn additional hundreds of thousands of $ENA. (Source) |
| 18:07 |
Institutional Barriers in DeFi Due to Points-to-Airdrop Meta
According to gablahbo, the current trend of using points to facilitate airdrops in DeFi can pose a significant barrier for institutional investors. However, point and yield markets, such as those offered by Pendle Finance, have the potential to enhance return estimates, making DeFi more appealing to these investors. The tweet suggests that understanding and navigating the point narrative is crucial for institutional participation in DeFi. (Source) |
| 18:07 |
Institutional Barriers in DeFi Due to Points and Airdrops
According to gablahbo, the current trend of points leading to airdrops poses a challenge for institutional investors looking to enter the DeFi space. This meta can hinder their deployment strategies. However, point and yield markets, such as those offered by Pendle Finance, can significantly enhance return estimates for these institutions. This suggests that navigating the point narrative is crucial for optimizing DeFi investments. (Source) |