Arthur Hayes Goes on a Crypto Binge: Is He Nuts or a Genius? 🤷♂️💰

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So, Arthur Hayes, the guy who co-founded BitMEX and now runs Maelstrom fund, is out here acting like a kid in a candy store, but instead of candy, it’s altcoins. 🍭💸 Apparently, the market’s feeling greedy, and he’s like, “Yeah, I’ll take all of it.” 🤑

According to some fancy on-chain data from Arkham (sounds like a Batman gadget, right? 🦇), Hayes threw around $16.5 million in USDC in the last 24 hours. Where’d it go? Binance, Kraken, Wintermute, and some random address that’s probably an OTC desk. Because why not? 🤷♂️

Here’s the breakdown of his shopping spree: 1,750 Ethereum (ETH) for $7.43 million. 🛒 Then, 184,610 Pendle (PENDLE) for $1.02 million. Oh, and let’s not forget $556,570 worth of Lido DAO (LDO) and $526,600 worth of Ether.fi (ETHFI). Dude’s got a type, and it’s “tokens.” 🧾

But wait, there’s more! He also got 10 Ethena (ENA) tokens from Wintermute. Ten. Like, who does that? Is he testing the waters or just flexing? 💁♂️

Oh, and let’s not forget the $3.4 million in USDC he received. Because, you know, he needed more. 🤑

Last month, Hayes was all like, “Ultra bullish altseason, baby!” when Bitcoin (BTC) broke $110k. And then it hit $123k. So, maybe he’s not just a pretty face? 🤔

Meanwhile, the crypto market’s on fire. DeFi TVL hit April 2021 highs, surpassing $150 billion. And the global crypto market cap? A cool $4.06 trillion. 🚀 But with all this liquidity, altcoins are about to get wild. Strap in, folks. 🎢

So, is Arthur Hayes a genius or just really, really lucky? Only time will tell. But one thing’s for sure: he’s not afraid to spend. 💸💨

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2025-08-11 15:45