Arthur Hayes Liquidates $2 Million in Crypto, Impacting Ethereum & DeFi

Former BitMEX CEO Arthur Hayes recently liquidated over $2.45 million worth of crypto assets, including Ethereum (ETH), AAVE, LDO, UNI and ENA. These sales are impacting the digital asset market, triggering short-term volatility in both DeFi tokens and Ethereum’s price levels. Market experts attribute this to a temporary increase in liquidity concerns stemming from Hayes’ actions. !