Arca suspected to increase its position in PENDLE again, withdrawing 2.18 million coins within six days

According to @ EmberCN citing on chain data, investment firm Arca is suspected of reinvesting in PENDLE. In the past 6 days, it has withdrawn 2.183 million PENDLEs from Binance, valued at approximately 8.31 million US dollars based on the then current price of $3.8. Despite investing in the token three times in the past year, there is still a comprehensive book loss of approximately $960000.