Arthur Hayes Invests $8 Million in Ethereum and Altcoins, Signals Bullish Outlook

Crypto industry veteran Arthur Hayes significantly bolstered his crypto portfolio with a purchase of over $8 million worth of Ethereum and related assets. On-chain data reveals he acquired: 1,500 ETH ($6.35 million), 420,000 ETHFI ($516,600), 92,000 PENDLE ($501,700), and 424,000 LDO ($594,000). This move suggests an optimistic outlook on the Ethereum ecosystem and its DeFi infrastructure.