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Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now


Apr, 02, 2025
< 1 min read
by Anisha Pandey
for CoinEdition
Pendle Whales Accumulate: $8M PENDLE Leaves Binance Weekly
  • Pendle sees surge in whale withdrawals from Binance (~$8M in 5 days) per Lookonchain
  • Project offers high DeFi yields (12%+) contrasting low market average (5.8%)
  • PENDLE price (~$2.95) shows slight gain; needs to hold $2.60 EMA support

Pendle (PENDLE), a DeFi protocol focused on tokenized yield trading, drew attention recently due to a reported surge in large whale transactions associated with its token. 

According to data from on-chain analytics provider Lookonchain, five newly created wallets collectively withdrew 2.66 million PENDLE tokens from Binance.

This amount was valued near $7.9 million over the past five days, as reported by Lookonchain. This significant off-exchange movement suggests growing confidence among large holders and sets up a bullish price movement for PENDLE if accumulation continues.

Historically, large wi…

The post Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Apr, 03, 2025
< 1 min read
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Analyzing TRUMP Token Weakness: Unlock Pressure and Market Doubts

Analyzing TRUMP Token Weakness: Unlock Pressure and Market Doubts

The Official Trump (TRUMP) token shows a downward trajectory, dropping almost 8% over...
Apr, 03, 2025
< 1 min read
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MainNewsLooking for ...

Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now


Apr, 02, 2025
< 1 min read
by Anisha Pandey
for CoinEdition
Pendle Whales Accumulate: $8M PENDLE Leaves Binance Weekly
  • Pendle sees surge in whale withdrawals from Binance (~$8M in 5 days) per Lookonchain
  • Project offers high DeFi yields (12%+) contrasting low market average (5.8%)
  • PENDLE price (~$2.95) shows slight gain; needs to hold $2.60 EMA support

Pendle (PENDLE), a DeFi protocol focused on tokenized yield trading, drew attention recently due to a reported surge in large whale transactions associated with its token. 

According to data from on-chain analytics provider Lookonchain, five newly created wallets collectively withdrew 2.66 million PENDLE tokens from Binance.

This amount was valued near $7.9 million over the past five days, as reported by Lookonchain. This significant off-exchange movement suggests growing confidence among large holders and sets up a bullish price movement for PENDLE if accumulation continues.

Historically, large wi…

The post Looking for DeFi Yield? Pendle Offering 12%+ APR on Stablecoins Right Now appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance Vote Fuels Divergence: BIGTIME Pumps 60% While Pi Community Fumes

Binance Vote Fuels Divergence: BIGTIME Pumps 60% While Pi Community Fumes

While Bitcoin and other top cryptocurrencies bled or consolidated following recent ta...
Apr, 03, 2025
< 1 min read
by CoinEdition
Analyzing TRUMP Token Weakness: Unlock Pressure and Market Doubts

Analyzing TRUMP Token Weakness: Unlock Pressure and Market Doubts

The Official Trump (TRUMP) token shows a downward trajectory, dropping almost 8% over...
Apr, 03, 2025
< 1 min read
by CoinEdition