On-chain data shows #ArthurHayes purchased 137,120 $PENDLE  worth roughly $260,000.

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The buy follows a withdrawal of 1.22 million ENA from Binance, bringing his recent DeFi allocations to around $500,000.

The activity suggests targeted accumulation in yield-focused DeFi protocols during a sideways market.

Hayes’ move coincides with broader whale withdrawals from exchanges, a pattern often associated with longer-term positioning. #BTC