According to The Data Nerd, a whale with the address 0xe1f has recently withdrawn 200,000 $PENDLE, valued at approximately $1.04 million, from Binance. Last week, the same whale withdrew 687,500 $PENDLE, worth around $4.26 million, from the same exchange. In total, the whale has accumulated 887,500 $PENDLE at an average entry price of $5.97 and has staked all of these tokens into the Pendle platform. This activity suggests a strong belief in the Pendle project and could influence market perception and trading strategies.