BitMEX founder Arthur Hayes, known for his speculative transactions in the cryptocurrency market, sold altcoins today.
BitMEX co-founder Arthur Hayes, one of the most recognizable figures in the cryptocurrency world, made headlines again today with his on-chain transactions. Hayes’s rapid sale of a large amount of altcoins has attracted attention in the market.
According to Onchain data, Hayes reduced his positions by transferring 520 ETH (~$1.66 million), 2.624 million ENA (~$730,000), and 132,000 ETHFI (~$120,000) of his holdings to institutional trading platforms such as Flowdesk, FalconX, and Wintermute in the morning hours.
About an hour later, Hayes reduced his portfolio even further with a new wave of selling. In the latest sale:
Hayes has been known to speak highly of the Zcash (ZEC) altcoin recently, but it is unknown how much ZEC he holds or whether he has sold any.
