The most rising altcoin of the day gains momentum with whale purchases.
In a post on April 6, the on-chain data and analysis account Lookonchain announced that an altcoin has reached an all-time high (ATH) with whale purchases.
A newly opened wallet made a $2.67 million purchase in Pendle (PENDLE) today. The whale, buying on Binance, pulled a total of 372,752 Pendle.
Pendle, which has dazzled with a 2x increase over the last 14 days, reached an all-time high in parallel with the mentioned purchase. According to CoinGecko data, Pendle, reaching $7.21, became one of the highest rising altcoins of the day with a 24.3% increase performance.
PENDLE is currently trading at $7.15.