Arthur Hayes Deposits 40M ONDO Tokens to Bybit: Market Reaction Sparks Interest

Crypto veteran Arthur Hayes has deposited approximately $41.25 million worth of ONDO tokens into his Bybit account, sparking significant market and community interest. This major move from the former BitMEX CEO, known for his expertise in crypto derivatives, raises questions about potential strategic maneuvers in the crypto space. 40 million ONDO tokens were transferred over several batches using a Gnosis Safe Proxy wallet between September and October 2025. )