Mars Finance News: Arthur Hayes Invests in Aethir (ATH) After Selling PENDLE

According to EmberCN, Arthur Hayes, co-founder of BitMEX, has continued investing in Aethir (ATH) after selling 1.595 million PENDLE (approximately $5.61 million) over the past two days. He recently purchased 8.48 million ATH (approximately $510,000) from Flowdesk, a market-making/OTC platform, just an hour and a half ago.

Since August 15th, Arthur Hayes has withdrawn a total of 54.26 million ATH (approximately $3.61 million) from OKX, Bybit, and Flowdesk, at an average price of $0.066. Notably, Arthur Hayes' fund is associated with Maelstrom, an investor in Aethir (ATH). Therefore, these purchases may have a "marketing" purpose.

After Hayes sold PENDLE, the price of PENDLE rose by 23%.