7 facts about whale action and potential price reversal of PENDLE in 2026

Jakarta, Pintu News – Pendle (PENDLE) is a token in the DeFi ecosystem that has experienced heavy price pressure since mid-2025, down more than 65% from its previous peak.

However, recent on-chain data shows significant activity in the form of large accumulations by whale addresses, signaling a potential reversal in the short- to medium-term price trend. This movement is important for young and novice investors to understand the ongoing dynamics of supply, demand, and market sentiment.

1. Action Whale Adds 1.5 Million Opinions

A newly created crypto whale withdrew 1.5 million PENDLE tokens from the Binance exchange and moved them to a wallet locked until January 20, 2028. This amount of tokens was worth approximately USD 2.82 million at the time of the transaction, indicating a large amount of accumulation. Withdrawals from exchanges to long-term wallets are often seen as a bullish signal as it reduces the supply of tokens available for sale on the market.

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2. PENDLE Potentially Reversal After Long Fall

The price of PENDLE has previously fallen consistently since August 2025, with a drop of over 65%, an extreme squeeze in the altcoin market. After a long period of decline, the price seems to be starting to show a reversal of upward momentum with the latest small rebound. This data provides an indication that market sentiment may start to shift from a predominance of selling towards gradual accumulation.

3. PENDLE Staking Increased

On-chain analytics also show an increase in the number of staked PENDLEs, with the total staked exceeding 11 million tokens in the past week. Increased staking often reflects the confidence of long-term holders who choose to lock in their assets rather than sell. This phenomenon may help alleviate selling pressure and support price stability.

4. Current Price Movement

At the time of the report, PENDLE was trading around USD 1.96, up about 4.95% in the last 24 hours. Trading volume also increased by more than 13%, reflecting higher market participation. The increased volatility along with the rebound in price could indicate renewed market interest.

5. Important Technical Levels

Technical analysis shows that if PENDLE can remain above the support level around USD 1.70, the price has the potential to increase by around 22% towards USD 2.38. A breakout above the resistance around USD 2.40 could extend the upside potential to around USD 2.81 under continued bullish conditions. Conversely, if support fails to hold, the risk of further declines remains substantial.

6. Balance of Buy and Sell Pressure

The current Money Flow Index (MFI) shows that buying and selling pressure is relatively balanced, with no extreme overbought or oversold conditions. However, the price of PENDLE is still below its 50-day exponential average, reflecting a short-term overall bearish sentiment. The leveraged yield on derivatives shows that traders’ bias is still skewed towards near-term bullish positions.

7. Implications for Crypto Investors

Whale accumulation and increased staking signal the long-term confidence of some large holders in PENDLE’s potential, although volatile risks remain high. Novice investors need to understand that price reversals are not certain, but a combination of on-chain and technical data can be a useful analysis tool.

This kind of event also illustrates how major activity in the market can signal early changes in fundamental trends or sentiment in DeFi crypto assets.

Also Read: 5 Important Insights Predicted SHIB Will Drop First Before Reaching New ATH

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference
– AMBCrypto Team. Whale Adds 1.5 mln PENDLE: Is the Token Reversing After a 65% Dip?Accessed January 29, 2026.