Arthur Hayes Buys Back $ENA Tokens at Higher Price Point

Crypto veteran Arthur Hayes has re-entered the $ENA market with a significant buyback, spending $1.75 million to acquire 2.14 million tokens at an average price of $0.816 per token. This action comes after his previous sale of $ENA tokens for a $1.65 million profit at an average price of $0.595 just two weeks ago. Market analysts are speculating on the motivation behind this move, which suggests Hayes has strong confidence in $ENA’s long-term potential despite exiting with a substantial profit.