PANews reported on May 8 that according to Ember’s monitoring, a whale or institution has been withdrawing and hoarding PENDLE tokens from Binance since the end of March. In the past half hour, the entity has withdrawn another 538,000 PENDLE (about $1.83 million). So far, 3.702 million PENDLE (about $11.04 million) have been hoarded through 6 addresses, with an average purchase price of $2.98. The current floating profit has reached about $1.55 million, an increase of 14%.