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A certain whale redeemed Pendle's weETH PT and YT due in December, exchanged them for 5000 ETH, and then deposited it into CEX

Bitget2024/08/28 02:35

According to on-chain analyst @ai_9684xtpa, the whale vladilena.eth redeemed Pendle's weETH PT and YT due on December 26th, 20 minutes ahead of time. They converted it into 5000 ETH and deposited it into CEX, worth $12.24 million, presumably for sale.

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