Arthur Hayes Snaps Up $4M in DeFi Tokens via Ethereum Sell-Off

Arthur Hayes, a high-profile trader and co-founder of BitMEX, has once again made headlines in the crypto industry with his significant Ethereum sell-off. After dumping $5.53 million worth of ETH, Hayes purchased multiple DeFi tokens, including PENDLE, LDO, ENA, and ETHFI. This underscores a notable shift in his investment strategy, signaling a bold bet on the future of decentralized finance.