PENDLE Sees $3.45M Transfer to Coinbase Prime as Institutional Activity Surges

Pendle (PENDLE) is experiencing heightened institutional interest following notable token movements and whale activity. A significant transfer of 1.82 million PENDLE tokens to Coinbase Prime occurred in late December 2025, potentially indicating accumulation according to blockchain analytics. This coincides with public endorsements from influential investors like Arthur Hayes, who has strategically reallocated capital into the token as per market analysis. These developments spotlight Pendle's role in DeFi's fixed-income layer amid evolving market conditions.

What Signals Point to Institutional PENDLE Accumulation?

Blockchain analytics tracked a transfer of 1.82 million PENDLE tokens valued near $3.45 million to Coinbase Prime on December 29, 2025 according to data. The anonymous origin address highlights sophisticated player involvement. Separately, Arthur Hayes sold $5.53 million in Ethereum to acquire DeFi assets including Pendle. His focus targets protocols with demonstrated revenue generation and institutional-grade infrastructure. These movements suggest strategic positioning ahead of potential market catalysts.

How Do Pendle's Fundamentals Align With DeFi Growth Trends?

Pendle achieved $5.8 billion in average total value locked (TVL) during 2025 according to reports alongside $47.8 billion in trading volume. That activity generated approximately $40 million in annualized protocol revenue. Hayes emphasized Pendle's scalable financial primitives within DeFi's converging infrastructure stack according to analysis. Macro factors like potential regulatory clarity and monetary easing could further support adoption according to experts. Pendle's yield-trading specialization offers exposure to crypto-native income strategies favored by institutions.