Markets· ★★★· bearish·

Arthur Hayes moves 8,000 ETH, receives $11.73M in USDC from Galaxy and Flowdesk

  • —Roughly 8,000 ETH worth about $18.69 million was moved
  • —Galaxy Digital and Flowdesk sent about $11.73 million in USDC
  • —Around $6.96 million of the deal is still pending
Why it matters: Large sales by Hayes are closely watched as a signal of sentiment from a prominent trader and potential pressure on ETH.
Source: PANews