Crypto

Arthur Hayes Dumped This Altcoin and Started Buying a New Altcoin Instead!

2 months ago
Bitcoin Ethereum News

BitMEX co-founder Arthur Hayes, who is closely followed by investors with his statements on Bitcoin (BTC) and the cryptocurrency market, continues to make altcoin transactions.

Hayes, who has been selling PENDLE heavily in the recent days, made another sale today.

Hayes deposited another 240,000 PENDLE (worth $958,000) into Binance, according to a post by on-chain analytics platform Spot on Chain.

Hayes has made $1.24 million in profit on PENDLE sales to date, but only has 253,000 PENDLES on hand.

“Arhur Hayes reduced his PENDLE position by 87% in just 4 days. He made a profit by depositing a total of 1.835M PENDLE (worth $6.57M) on Binance and Bybit!

PENDLE is currently 4th in Arthur Hayes’ portfolio and he only has 253,463 PENDLE (worth $986,000) on hand.”

Arthur Hayes Collects Aethir (ATH)!

Arthur Hayes continues to sell PENDLE while also picking up another altcoin.

According to Spot On Chain’s post, Hayes withdrew $1.92 million worth of Aethir (ATH) from Bybit.

Hayes also withdrew a total of 47.37 million Aethir ($2.94 million) from Bybit, OKX, and KuCoin in the past two days.

“Today, another 30.89M ATH (worth $1.92M) was withdrawn from Bybit to Arthur Hayes’ wallet.

Notably, this was the largest single ATH purchase it has achieved to date.

Arthur Hayes has withdrawn 47.37 million ATH (worth $2.94 million) from Bybit, OKX, and KuCoin in the last two days, bringing his total ATH holdings to 93.15 million ATH ($5.79 million).

The price of Aethir (ATH), which has fallen by 4% in the last 24 hours, has started to rise again in recent hours.

*This is not investment advice.

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Source: https://en.bitcoinsistemi.com/arthur-hayes-dumped-this-altcoin-and-started-buying-a-new-altcoin-instead/