PENDLE drops 9.86% to $2.44 amid over $1B in market liquidations
- —PENDLE trades at $2.44, down 9.86% in 24 hours
- —Daily volume rose 59.29% above the 30-day average to $71.75 million
- —Crypto market cap fell 3.4% to $2.57 trillion as liquidations topped $1 billion
- —RSI at 61.4 remains above oversold territory
Why it matters: The drop stems from market-wide deleveraging rather than protocol issues, leaving Fed tightening as the main risk to the token.
Source: DiarioBitcoin