According to crypto analyst Ember (@EmberCN), a whale redeemed its stablecoin holdings on Pendle over the past hour, spending approximately $87.86 million to purchase 21,597 ETH at an average price of $4,068. This address had previously withdrawn 2,400 ETH (worth approximately $10 million) from Binance last night. In total, this address has purchased 23,997 ETH over the past 15 hours, valued at approximately $96.36 million, at an average price of $4,078.