#BecomeCreator $PENDLE The recent deposit of $4.65 million from Pendle PENDLE to Binance serves as a compelling example of how large-scale on-chain movements can immediately influence token prices and the broader activity of the cryptocurrency market.
Although the exact reason for Pendle's PENDLE deposit is not publicly disclosed, these large transfers to Binance may have various strategic purposes, including increasing liquidity, preparing for new listings, treasury management, or ecosystem development initiatives.