Bitmex co-founder Arthur Hayes sold 2,373 ETH a week ago, for around $8.32 million.
However, according to the latest on-chain data, Hayes purchased Ethereum four hours ago by removing 10.5 million USDC from his wallet. This time the purchase occurred at an ETH price of $4,225.
Hayes’ current asset allocations are:
- Ethereum (ETH): 4,424 ETH (~$18.7 million)
- Ether.fi Staked ETH (EETH): 3,097 EETH (~$13.07 million)
- USDC: $12.43 million
- Wrapped eeth (weeth): 1,167 Weeth (~$5.29 million)
- Pendle (Pendle): 253,463 Pendle (~$1.38 million)
- Wilder World (Wild): 1.96 Million Wilds (~$925.5K)
Total portfolio values are calculated at approximately $52.19 million.
If Arthur Hayes hadn’t sold 2,373 ETH, he would have made an additional profit of around $1.7 million today.
Hayes, founder of Cryptocurrency Exchange Bitmex, was linked to numerous scandals during his time as CEO. Hayes is said to have instructed investors to “bloat the short position” on Discord chat.
*This is not investment advice.
