The crypto news platform BlockBeats has reported that the Pendle team has moved a significant amount of their tokens to Binance. According to Ember Monitoring, the team transferred 1.4 million PENDLE tokens worth $7.74 million to the exchange in just the last half hour. This follows another transfer of 2.025 million PENDLE tokens, equivalent to $11.11 million, to Binance in the previous two days.
The recent activity on Binance suggests that the Pendle team may be preparing to list their tokens on the platform or engage in other significant trading activities.
