Data: Eight months ago, a whale that built a position in PENDLE is suspected of cutting losses and clearing out, possibly losing 1.958 million dollars

ChainCatcher news, according to @ai_9684xtpa's monitoring, the whale address 0x97e…9D617, which built a position in PENDLE eight months ago, is suspected to have liquidated 851,000 tokens one hour ago, expecting a loss of $1.958 million.

The cost basis of PENDLE for this address was $4.39, while the price at the time of this liquidation had dropped to $2.09, resulting in a 52% decrease in assets, which once had an unrealized profit of $1.08 million.