The altcoin with the biggest daily increase of the day gained momentum with whale purchases.
In a post on April 6th, on-chain data and analysis account Lookonchain announced that an altcoin reached an all-time high (ATH) with a whale purchase.
A newly opened wallet made a purchase of $2.67 million worth of Pendle (PENDLE) today. The whale, who made the purchases on Binance, withdrew a total of 372,752 Pendle.
Pendle, which doubled in the last 14 days, reached an all-time high in parallel with the mentioned purchase. According to CoinGecko data, Pendle, rising to $7.21, became one of the highest-performing altcoins of the day with a 24.3% increase it showed today.
PENDLE is currently trading at $7.15 at the time of writing.