DeFi Whale Spends $2.41M on PENDLE, MKR, and HYPE Tokens

Sunday, Apr 6, 2025 4:54 pm ET1min read

A whale has invested $2.41 million in DeFi tokens, including MKR, PENDLE, and HYPE, in the past 14 hours. PENDLE, a unique DeFi project that capitalizes on yield tokens, has garnered significant attention and is a hot target for big players. The whale's strategy includes accumulating significant DeFi assets, with a focus on MakerDAO's MKR token and Pendle's PENDLE token. The recent interest in DeFi tokens suggests a clear shift in capital flow towards cryptocurrency projects providing real utility.

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