Arthur Hayes sold 350,000 PENDLE at a loss in the past hour

BlockBeats reported that on September 20, according to Lookonchain monitoring, Arthur Hayes sold 350,000 PENDLE (about $1.26 million) at a loss in the past hour.

He bought 392,911 PENDLE (about $2.2 million) through Wintermute at a price of $5.6 between May 20 and June 21. Three months later, PENDLE fell by more than 40%, causing him to lose a total of $790,000 (-36%).