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Wu Shuo learned that, according to Ember monitoring, an institution suspected to be Polychain Capital bought a total of 4.114 million PENDLE tokens (approximately $12.26 million) between March and September this year at an average price of about $2.98. Eight hours ago, all related tokens were transferred to FalconX. Based on the current PENDLE price of approximately $2.19, this position has an unrealized loss of about $3.25 million.