Arthur Hayes Sells 1.59M PENDLE For $5.62M, Price Surges By 24% After Sell-Off

The post Arthur Hayes Sells 1.59M PENDLE For $5.62M, Price Surges By 24% After Sell-Off appeared first on Coinpedia Fintech News

As per the latest tweet on lookonchain, Arthur Hayes sold 1.59M PENDLE for $5.62M at an average price of $3.52 over the past 2 days. Notably, after his sell-off, the price of PENDLE surged by 24%, making the 1.59M PENDLE worth 6.91M now. His sell-off resulted in a loss of $1.29M. Previously, Arthur Hayes sold 1.27M PENDLE worth $4.4M  in the past 2 days, 61% of the total holdings, leaving 820K $PENDLE worth $2.85M. Just 9 days ago, he tweeted that he bet PENDLE to $10.