Significant ETH Investment in Pendle by Prominent Trader | Flash News Detail | Blockchain.News
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6/7/2024 1:32:14 PM

Significant ETH Investment in Pendle by Prominent Trader

Significant ETH Investment in Pendle by Prominent Trader

According to @ai_9684xtpa, a prominent trader known as 'Brother Sun' has been redirecting his redeemed ETH from Lido into Pendle. Over the past half hour, he made three significant purchases, spending 9,900 ETH (worth $37.69 million) on ether.fi PT maturing on June 27. As of now, his total investment in Pendle has reached 53,900 ETH, valued at $205 million. This move suggests a preference for stable interest over variable rewards.

Source

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references