According to @lookonchain, Arthur Hayes (@CryptoHayes) bought 218,000 PENDLE for about USD 536,000 on Nov 26, 2025 based on on-chain tracking of the transaction, source: @lookonchain on X. The attribution of the buyer to Arthur Hayes is supported by the ARKM Intelligence entity page for Arthur Hayes that links the relevant addresses and activity, source: ARKM Intelligence. For traders, this whale accumulation event adds a timely data point for monitoring PENDLE order flow and liquidity in the near term, source: @lookonchain and ARKM Intelligence.