According to Lookonchain, large cryptocurrency holders, known as whales, are significantly accumulating $PENDLE tokens. Two notable wallet addresses, 0xe1f5 and 0xB757, have withdrawn substantial amounts from Binance. Specifically, 0xe1f5 withdrew 200,000 $PENDLE, valued at $1.05 million, while 0xB757 withdrew 250,000 $PENDLE, worth $1.31 million, within the past 15 hours. Over the past week, these two addresses have collectively withdrawn a total of 1.76 million $PENDLE, equivalent to $9.24 million, from Binance, indicating a strategic accumulation and potential market impact.