A significant whale or institutional investor has withdrawn an additional 483,000 PENDLE tokens, valued at $2.2 million, from Binance, according to on-chain analyst Ember. This brings their total PENDLE holdings to 4.071 million tokens, worth approximately $18.56 million. The accumulation began in late March when the price was $2.7 per token, and the average acquisition price is now $3.16. The investor currently enjoys a floating profit of $5.7 million, reflecting a 44% gain.