PENDLE price rises 12.5% as buyers absorb whale token sell-off and spot outflows reduce supply

A whale transferred $1.28 million worth of PENDLE tokens to Binance without staking, raising concerns about increased selling pressure. However, PENDLE's price rallied 12.47% and trading volume surged 121%, indicating strong buyer demand that absorbed the supply threat. Spot netflows showed three consecutive days of outflows, reducing tokens on exchanges and supporting price recovery. Rising open interest signals increased leveraged trading, adding volatility risk, but the price remains bullish with key resistance at $1.574. Breaking this level could lead to further gains toward $2.00, while failure may cause consolidation.