Analysis
December 20, 2024 11:03 AM
Onchain Lens monitoring revealed that a PENDLE investor recently deposited 312,500 PENDLE tokens into Binance, with a current value of $1.76 million.
The tokens were initially acquired between April 28, 2022, and April 28, 2023, for $46,179, representing a staggering profit of $1.71 million in just 2.5 years.
This significant profit highlights the potential gains in long-term crypto investments, especially with tokens like PENDLE, which surged 10.55% in the past 24 hours.
This story underscores the potential for exponential returns in crypto investments, while also reflecting the importance of timing in realizing profits.
Disclaimer: Backdoor provides informational content only, it is not offered or intended to be used as legal, tax, investment, financial, or other advice. Investments in digital assets involve risk, and past performance does not guarantee future results. We recommend conducting your own research before making any investment decisions.