Arthur Hayes Received 8.48 Million ATH from Flowdesk, Totaling 54.26 Million Withdrawn Since Mid-August

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September 22, 2024
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Arthur Hayes Continues ATH Investment After Selling PENDLE

PANews, September 22 - According to on-chain analyst Ember, BitMEX founder Arthur Hayes, after selling 1.595 million PENDLE (worth $5.61 million) over the past two days, continued his investment in ATH. Just an hour and a half ago, he received 8.48 million ATH (worth $510,000) from Flowdesk, a market-making and over-the-counter platform.

  • Since August 15th, Arthur Hayes has withdrawn a total of 54.26 million ATH (worth $3.61 million) from OKX, Bybit, and Flowdesk, at an average price of $0.066.
  • Arthur Hayes' fund, Maelstrom, is already an investor in Aethir (ATH). It's possible these purchases could be for "marketing" purposes.
  • Arthur Hayes' foray into altcoins might have a "reverse indication" attribute: PENDLE surged 23% immediately after he sold his holdings.
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