Arthur Hayes Adds $8M in ETH and Altcoins
BitMEX co-founder Arthur Hayes buys $8M in ETH, ETHFI, PENDLE, and LDO, signaling bullish sentiment.
- Arthur Hayes adds 1,500 ETH worth $6.35M
- Also buys ETHFI, PENDLE, and LDO tokens
- Moves suggest bullish outlook on altcoins
Arthur Hayes Makes Big Crypto Moves
Arthur Hayes, co-founder of BitMEX, has significantly boosted his crypto portfolio, purchasing over $8 million worth of Ethereum and select altcoins. On-chain data shows that Hayes acquired:
- 1,500 ETH valued at $6.35 million
- 420,000 ETHFI worth $516,600
- 92,000 PENDLE worth $501,700
- 424,000 LDO valued at $594,000
These acquisitions indicate strong confidence in Ethereum and related ecosystem tokens, as well as strategic bets on DeFi and staking-focused projects.
A Bullish Bet on Ethereum Ecosystem
Ethereum remains the core of Hayes’ recent purchases, with the majority of funds going into ETH itself. ETHFI is closely tied to Ethereum-based finance, PENDLE focuses on tokenized yield markets, and LDO powers the governance of Lido, the largest liquid staking platform on Ethereum.
By diversifying into these projects, Hayes appears to be positioning himself for gains from both Ethereum’s price appreciation and the growth of its DeFi infrastructure.
Market Signals from a Crypto Veteran
Arthur Hayes has a track record of making bold, market-timed investments. His latest moves may be seen by traders as a bullish signal for ETH and its surrounding ecosystem. Large purchases from influential figures can influence sentiment, especially in a market driven by momentum and speculation.
With Ethereum upgrades, DeFi expansion, and staking adoption on the rise, Hayes’ portfolio changes suggest he’s betting on a strong performance in the months ahead.
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