Arthur Hayes, the founder of BitMEX, has sold 1.59 million PENDLE tokens for approximately $5.62 million, with an average price of $3.52 per token. This sale contradicted his previous statement expressing bullish sentiment towards PENDLE. Despite the sale, the price of PENDLE increased by 24% and the tokens Hayes sold are now worth around $6.91 million, resulting in a loss of approximately $1.29 million. Hayes had previously sold 1.27 million PENDLE tokens for $4.4 million, leaving him with about 820,000 PENDLE, worth $2.85 million. Hayes mentioned trimming his position for a "special situation," leading to speculation behind the selling. The recent surge in the price of PENDLE, despite the sell-offs, suggests high buyer interest and positive sentiment towards the project.



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