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Arthur Hayes Buys 6 Million More ENA, Rebuys Ether Two Days After Sale

Source
Minseung Kang

Summary

  • Arthur Hayes bought 6 million ENA at an average price of $0.09, adding to his position with a purchase worth about $525,000.
  • He also sent 2.5 million USDC to Galaxy Digital and repurchased 1,337 ETH at an average price of $1,869, for a transaction worth about $2.5 million.
  • Lookonchain said Arthur Hayes resumed buying ETH just two days after selling it.

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Photo: Ethena
Photo: Ethena

BitMEX co-founder Arthur Hayes bought another 6 million Ethena tokens and repurchased Ether two days after selling it.

On Aug. 3, on-chain analytics account Lookonchain wrote on X, formerly Twitter, that Hayes bought 6 million ENA at an average price of $0.09. The purchase was worth about $525,000.

Hayes also sent 2.5 million USDC to Galaxy Digital and received 1,337 ETH. The average purchase price was $1,869, valuing the transaction at about $2.5 million.

Lookonchain said Hayes returned to buying ETH just two days after selling it.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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