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Crypto Market Update: Arthur Hayes' Strategic Moves Big | Crypto | Bitcoin | Ethereum | Altcoin | News

Crypto Market Update: Arthur Hayes' Strategic Moves

Big Moves in the Crypto World!

Arthur Hayes, the visionary founder of BitMEX, recently made some bold moves in the cryptocurrency market. His address was active, engaging in significant trades through Wintermute. Here's a breakdown:

- Sold Off: Hayes parted ways with ENS, FXS, and LOOKS tokens.
- Financial Impact: This resulted in a staggering loss of over $5 million, with each token experiencing a decline of over 50%.
- Strategic Buys: Not deterred, Hayes switched gears and invested in ETH, GMX, and PENDLE.
- Top Holder Alert: Hayes now holds a dominant position in GMX, owning 233,000 GMX, valued at a cool $12 million!

Stay tuned for more updates and analyses on these intriguing crypto maneuvers!

Source

@Cryptocurrency_Inside