Crypto Mogul Arthur Hayes Moves Millions in Altcoins to Brokerage, Sparking Market Speculation
BitMEX co-founder Arthur Hayes has transferred substantial holdings of PENDLE, ENA, and LDO tokens to prime broker FalconX, with on-chain data indicating the moves were made at a loss against his acquisition prices. The transactions coincide with a fragile altcoin market struggling to keep pace with Bitcoin's dominance.