Foresight News reports that according to Ember Monitoring, Arca transferred 2.183 million PENDLE (approximately 10.44 million USD) to the Kraken exchange 2 hours ago. The institution had withdrawn these PENDLE from Binance a month ago at a price of 3.8 USD each and is now transferring them to Kraken at a price of 4.78 USD each, expecting a profit of approximately 2.13 million USD.