A wallet suspected to belong to Polychain Capital transferred 4.114 million PENDLE tokens to FalconX, potentially resulting in a loss of $3.25 million.

Polychain Capital accumulated 4.114 million PENDLE tokens at an average price of $2.98. With the price now down to $2.19, it suffered a loss of $3.25 million and has transferred all of its holdings to FalconX.