BitMEX founder and former CEO Arthur Hayes recently altcoin carries out important transactions in the market. cryptocurrency Hayes, a well-known name in the world, via Wintermute ENS, FXS And LOOKS He lost more than 5 million dollars in total by selling it. The loss on each token exceeded 50%.
Hayes previously announced on December 22 that he planned to sell SOL and buy ETH. He implemented this plan in the last few days by selling ENS, FXS and LOOKS through Wintermute and then ETH, GMX And PENDLE He reduced his losses by purchasing.
The transactions took place as follows:
Sold:
- 239,628 ENS ($2.14 million) with a loss of $2.18 million (-50%)
- 105,814 FXS ($0.95 million) for a loss of $1.05 million (-52%)
- $18.1 million ($1.59 million) with a loss of $2.47 million (-60%)
Received:
- 437 ETH ($1 million) at $2,286
- 21,040 GMX ($1 million) at $47
- 500 thousand PENDLE ($0.54 million) at $1.09
Hayes is currently the largest GMX holder with 233,000 GMX worth $12 million.
By selling the tokens he lost and then purchasing ETH and L2 DeFi tokens, Hayes appears to be confident in ETH and the upcoming Cancun update market.
The transactions were made through three addresses known to be associated with Arthur Hayes.
*This is not investment advice.
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