Trend Research transferred 1,000,000 PENDLE to Binance 10 minutes ago

2025.08.31 22:56:16

On August 31st, as monitored by on-chain analyst Yu Jin, Trend Research, a secondary investment institution under LD Capital, transferred 1 million PENDLE tokens (valued at $4.78 million) that were purchased a week ago to Binance 10 minutes ago. It is possible that they are planning to sell off the Ethereum ecosystem tokens they had accumulated earlier. Previously, reports showed that Trend Research transferred 203,105 ENS tokens (worth $4.72 million) to Binance 5 minutes ago. These tokens were withdrawn from Binance on July 23rd at a price of $28.82. If sold, it would lead to a loss of $1.133 million.

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