# Arkham Links Wallet to Mercado Bitcoin Incident as 760,000 PENDLE Moves

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49017
Published: 2026-11-05T04:10:13.000Z
Updated: 2026-11-05T04:10:13.000Z
Section: Investing

> The transfers came in the hour before 8:16 a.m. ET (13:16 UTC) Nov. 4, with CowSwap and 1inch on the route.

Arkham monitoring linked a wallet to Mercado Bitcoin’s security incident as it routed more than 760,000 Pendle (PENDLE), worth about $1.3 million, toward a swap into Ether (ETH).

The activity took place in the hour before 8:16 a.m. ET (13:16 UTC) Nov. 4, with CowSwap and 1inch on the route.

Mercado Bitcoin previously suspended [deposits and withdrawals](<https://www.tokenpost.com/news/technology/46601>) after the security incident. Tether also [froze more than 4.5 million USDT tied to the incident](<https://www.tokenpost.com/news/technology/46760>).



## Links in this article

- [deposits and withdrawals](https://www.tokenpost.com/news/technology/46601)
- [froze more than 4.5 million USDT tied to the incident](https://www.tokenpost.com/news/technology/46760)
