Arthur Hayes Sells Altcoins Again After Recent Market Dip

Arthur Hayes, former CEO of BitMEX and prominent crypto commentator, has reportedly dumped a significant amount of altcoin holdings following the recent downturn in the cryptocurrency market. Data from Lookonchain reveals that he sold nearly $1.6 million worth of Ethereum (ETH), over $733,000 in Enjin Coin (ENA), and more than $124,000 worth of ETHFI within a short period. The sales continued later with Hayes offloading even larger sums, including further ETH and ENA as well as tokens like LDO, AAVE, and UNI.