According to Lookonchain, significant whale activity has been observed in the accumulation of $PENDLE. Two major addresses, 0xe1f5 and 0xB757, have withdrawn substantial amounts of $PENDLE from Binance, with 200K ($1.05M) and 250K ($1.31M) respectively. Over the past week, these whales have collectively withdrawn 1.76 million $PENDLE, valued at $9.24 million, from Binance and have locked these funds. This activity suggests a strategic accumulation phase by large holders.