Arthur Hayes Transfers Another 14 Million ENA, Extending Token Sales
Minseung Kang
Summary
- Arthur Hayes transferred another 14 million ENA to Cumberland, highlighting the possibility of further token sales.
- Hayes has moved about $28.81 million worth of tokens, including ETH, ENA, UNI, ETHFI, AERO, PENDLE, and ZAMA, to multiple trading platforms since the previous day.
- Based on signs that 14.15 million USDC was withdrawn from those platforms, EmberCN said Hayes' token sales were still underway.
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BitMEX co-founder Arthur Hayes has transferred another 14 million ENA to a trading platform, on-chain data showed.
On Oct. 25, on-chain analyst EmberCN wrote on X that Hayes had sent 14 million ENA to Cumberland about 25 minutes earlier. The transfer was worth about $2.73 million.
Since the previous day, Hayes has moved tokens worth about $28.81 million to multiple trading platforms, including ETH, ENA, UNI, ETHFI, AERO, PENDLE and ZAMA, according to EmberCN.
He later withdrew 14.15 million USDC from those platforms. EmberCN interpreted that as a sign that Hayes' token sales were still underway.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.