Arthur Hayes Deposits $8,470,000 Worth of ENA to Binance After Massive Rally: Lookonchain
BitMEX co-founder Arthur Hayes was spotted moving millions of dollars worth of altcoins to crypto exchange Binance. According to blockchain tracking firm Lookonchain, Hayes sent over $8.47 million worth of Ethena (ENA) to Binance, presumably to sell on the open market. “ Arthur Hayes previously accumulated 16.79 million ENA ($11.21 million) at $0.67 between Nov 26th and Nov 28th, making a profit of $7.7 million at the current price.” Source: Lookonchain/X According to blockchain “de-anonymizing” service Arkham, Hayes also sent an additional $2.42 million worth of ENA to another wallet containing over $11 million worth of crypto. Arkham notes that the receiving wallet may be owned by Hayes as well but the firm is not 100% certain. In a recent essay, Hayes said that the crypto markets could be at risk of witnessing a “harrowing” correction following the inauguration of President-elect Donald Trump. “The people are impatient bec...