Arthur Hayes Sells $28.8M in Tokens, Sends Them to Exchanges
- —Sold 6,400 ETH for $15.2M, plus $2.76M of ENA and $2.24M of UNI
- —Total tokens sent to exchanges reached $28.8M, with $6.65M in profit
- —Hayes withdrew 14.15M USDC from exchanges, signaling more sales
- —US spot Ethereum ETFs saw $1.1B in outflows in October
Why it matters: The high-profile selling adds pressure on ETH, which is testing support at $2,300–2,400.
Source: CoinCentral