- Arthur Hayes said he sold about $28.8 million worth of cryptocurrencies over the past 24 hours, realizing about $6.65 million in profit.
- Most of the profit from the sales came from Ethereum (ETH) and Ethena (ENA), while trades in UNI·ETHFI·AERO·PENDLE·ZAMA generated little profit.
- On-chain analysis showed Hayes liquidated most of his altcoin holdings and secured 49.25 million USDC, while the market is focused on whether he was raising cash ahead of a potential price decline.
Forecast Trend Report by Period
BitMEX co-founder Arthur Hayes sold about $28.8 million worth of cryptocurrencies over the past 24 hours.
Lookonchain said on Oct. 26 that Hayes disposed of tokens worth…
