PENDLE Whale Activity Spikes as Arthur Hayes Buys Over $536K Worth

Big PENDLE buying reported as new on-chain information reveals that one of the biggest crypto personalities, Arthur Hayes, has recently acquired large amounts of PENDLE. He has accumulated a total of 218,000 PENDLE, worth about half a million dollars, in the past 24 hours. Lookonchain pointed at the transactions, which mentioned two big inflows into the wallet of Hayes, which renewed the market interest in the PENDLE token.

Two Large Transfers Recorded Within Hours

• 113,000 tokens value approximately $277.9K, which came out of the hot wallet of Wintermute and went to the address of Hayes.
• 105,000 tokens valued at approximately $258.3K, dispatched through a different address, which is also considered an active market participant.

The two transfers were sent to the main wallet of Hayes (0x6cd), which proved the presence of coordinated accumulation activity. The shift of tokens by institutional or market-making organizations such as Wintermute has led to the speculation that Hayes is positioning to a bigger trend or that the Pendle ecosystem is about to perform bullishly.

Consistent Whale Presence in the Markets

This new amassing is on top of the current action of Hayes in the crypto markets. History on Arkham indicates that Hayes has been heavily transferring major amounts of funds between exchanges and DeFi applications, such as massive USDC deposits to Kraken and Wintermute in the last few days. 

The trend is that of active trading policy or continuous repositioning of the portfolios, and the token is now a recognizable component.

Hayes, a co-founder of BitMEX, a well-known proponent of creative DeFi models, has been keen on yield-based protocols, a category in which the token has been highly successful. Pendle Finance platform that allows users to tokenize and trade future yields has been adopted more as the yield-tokenization trend of 2025 expands.

Market Reaction and Community Sentiment

The social media debate escalated after the report by Lookonchain as traders reacted to the whale activity. Hayes has a history of driving prices with his involvement in the crypto trading world, and the recent token fluctuations were not an exception. Although the market is yet to experience sudden volatility, traders are keen on whether this accumulation would lead to the broadening of buying interest.

The spirit of community around Pendle has been high because of its growing Total Value Locked (TVL) and growing integration into DeFi networks. The acquisition of Hayes provides an added confidence to investors that track whale activity as the factor that shows possible market momentum.

What Comes Next for PENDLE?

As whales such as Hayes join forces, analysts expect to see more price action based on the wider market conditions. Provided yield-tokenization industry persists in its quick expansion, PENDLE can gain further with new institutional and retail investment.

To date, the large acquisition by Hayes is one of the most talked-whale acquisitions of the week, which solidifies the increasing popularity of the token within the DeFi market.