Deep Dive
1. Whales Buy PENDLE Despite Bearish Charts (1 January 2026)
Overview:
Crypto whales increased PENDLE holdings by 0.77M tokens ($1.42M) on New Year’s Day, even as the token remains 42% below its November 2025 peak. The Smart Money Index – tracking “informed” investors – flipped bullish, suggesting strategic accumulation.
What this means:
This is neutral-to-bullish for PENDLE because whale activity often precedes price reversals, but the token must hold $1.81 support to avoid a breakdown to $1.65. A close above $1.94 could invalidate the bear flag pattern and target $2.31.
(Yahoo Finance)
2. Arthur Hayes Bets $515K on PENDLE (1 January 2026)
Overview:
Arthur Hayes deployed $515K into PENDLE as part of a $3.4M DeFi portfolio reshuffle, citing Pendle’s consistent revenue ($8.02M in Q4 2025) and yield-tokenization dominance.
What this means:
This is bullish for PENDLE because Hayes’ move signals institutional-grade confidence in Pendle’s cash flow mechanics. However, his concentrated position (48.9% of his DeFi allocation) amplifies volatility risks if sentiment shifts.
(Yahoo Finance)
3. Key Technical Levels in Play (1 January 2026)
Overview:
PENDLE faces a critical juncture: losing $1.81 support could trigger a 9% drop to $1.65, while breaking $1.94 resistance may spark a 19% rally to $2.31. The RSI at 45 shows neutral momentum.
What this means:
This is neutral for PENDLE as technicals lack conviction. Traders await a decisive break above/below key levels, with on-chain data showing whale accumulation (194.31M PENDLE held) potentially offsetting bearish chart structure.
(CoinMarketCap Community)
Conclusion
PENDLE’s trajectory hinges on whether whale accumulation and Hayes’ endorsement can overpower its weak technical setup. With the token down 60% over 90 days, can Pendle’s real-world yield partnerships and $3.57B TVL catalyze a turnaround? Watch the $1.81-$1.94 range for clues.