Markets· ★★★· bearish·

Arthur Hayes's wallet receives $49.24M USDC after token selloff

  • —Wallet has received $49.24M USDC in total from exchanges and market makers
  • —Largest single transfer was $23.07M from Galaxy Digital
  • —Other inflows include $7.01M from Binance, $5.01M from FalconX and $2.43M from Wintermute
  • —Hayes said he closed ETH, ENA and UNI positions and is sitting out for now
Why it matters: A high-profile trader moving to cash can reinforce caution as bitcoin trades near $80K.
Source: PANews