Arthur Hayes Buys ~$2M of LDO and PENDLE Ahead of Technical Breakouts

Published: 2025-12-27 19:19:42 |

BitMEX co‑founder Arthur Hayes accumulated roughly $2.0 million split between LDO (~$1.03M) and PENDLE (~$0.97M) while both tokens traded inside compressed, post‑downtrend structures. PENDLE recently broke above a descending channel after defending a $1.67 demand zone and was trading near $1.88 as volume rose 29% to $78.9M and open interest increased 7% to $43.09M; MACD flipped positive, signaling improving upside momentum. Key level to watch for PENDLE: $1.95 (invalidation if lost). LDO bounced from a prolonged descending wedge, holding $0.55–$0.56 support and trading around $0.57; Binance long accounts rose toward 59–60% with a long‑short ratio near 1.5 and MACD showing short‑term bullish bias. Key LDO levels: resistance at $0.67 (near‑term breakout target) and $0.88 (higher target); $0.56 is the invalidation level. The concentration of Hayes’s spot buys into staking/yield DeFi primitives, alongside rising derivatives participation and improving technicals, suggests early, non‑crowded positioning and tilts short‑term skew toward continuation — but traders should wait for confirmations (PENDLE > $1.95, LDO > $0.67), monitor leverage growth, open interest and volume behavior to judge sustainability.

Bullish

Hayes’s concentrated spot accumulation into LDO and PENDLE while both tokens show improving technical structures is a bullish signal for the individual tokens. For PENDLE, breakout above a descending channel, rising volume (+29%) and higher open interest (+7%) with MACD turning positive indicate realeninged buyer interest and derivative-driven participation — conditions that often precede short‑term continuation if the token holds its demand zone and clears the $1.95 confirmation level. For LDO, holding the $0.55–$0.56 support, breakout from a descending wedge, rising Binance long share (~59–60%) and positive MACD point to short‑term upside potential toward $0.67 and beyond, so long as $0.56 remains intact. However, the bullish case is conditional: both setups require confirmation via price clearing key resistance and orderly increases in volume and open interest. Rapid leverage accumulation or volume that fails to support price could reverse gains. Overall, the immediate price impact for LDO and PENDLE is likely bullish if confirmation levels hold; absent that, setups invalidate and downside risk resumes.