Arthur Hayes Sells 350K PENDLE At a 36% Loss Amid DeFi Expansion

Arthur Hayes, the co-founder of BitMEX, sold 350000 PENDLE tokens at a loss of $126 million today. This sale made Hayes incur losses of 36%, totaling $790,000. He had first bought 39,2911 PENDLE tokens during the period between May 20 and June 21 for $5.6 per token. However, due to its dramatic decrease in value […] source: https://www.thecoinrepublic.com/2024/09/21/arthur-hayes-sells-350k-pendle-at-a-36-loss-amid-defi-expansion/