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Evans Boto

Arthur Hayes deploys over $2M into LDO and PENDLE as DeFi market structure shifts

BitMEX co-founder Arthur Hayes recently accumulated around $1.03M in LDO and roughly $973K in PENDLE while both tokens traded near compressed price structures after extended declines. PENDLE and LDO have since shown rising derivatives participation, long positioning, and technical breakouts, suggesting early positioning for potential continuation rather than late-stage momentum chasing. If PENDLE sustains levels near $1.95 and LDO overcomes resistance around $0.67, both assets may push towards higher resistance areas within the DeFi sector.
Selected
LDO
LDO+1.60%
PENDLE
PENDLE+2.74%
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