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Arthur Hayes Reduces Ethereum Holdings, Rotates to DeFi Tokens Amid Potential Price Pressure

Arthur Hayes Reduces Ethereum Holdings, Rotates to DeFi Tokens Amid Potential Price Pressure

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CoinOtag logoCoinOtagDecember 24, 20251 min read
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Arthur Hayes, the former BitMEX CEO, has sold 1,871 ETH worth $5.53 million over the past week, reducing his Ethereum holdings while shifting investments into DeFi tokens like ENA, PENDLE, and ETHFI to capitalize on improving market liquidity. Hayes deposited 682 ETH into Binance for sale, part of a broader strategy to minimize Ethereum exposure [...]

o capitalize on improving market liquidity. Hayes deposited 682 ETH into Binance for sale, part of a broader strategy to minimize Ethereum exposure [...]