The previous BitMEX CEO has moved thousands and thousands of {dollars} price of sure DeFi tokens, here is which of them.
Arthur Hayes, maybe greatest recognized for his management at BitMEX years in the past, has made a number of high-value transfers for quite a few altcoins, principally from the DeFi house, which caught the eye of monitoring assets reminiscent of Lookonchain.
Given his historical past of offloading related tokens in instances of market uncertainty, the analysts speculated that he had probably made the transfers to promote $1.06 million price of ENA, $954,000 price of ETHFI, and $1.14 million price of PENDLE.
Arthur Hayes(@CryptoHayes) is promoting DeFi tokens.
Previously quarter-hour, he moved out 8.57M $ENA($1.06), 2.04M $ETHFI($954K), and 950K $PENDLE($1.14M) — more likely to promote.https://t.co/loeYKUb9rN pic.twitter.com/ZOJnUHCTdr
— Lookonchain (@lookonchain) February 8, 2026
Hayes made a number of massive sell-offs in August final yr, claiming that the crypto market was due for a big correction. Nonetheless, the market went the opposite route, and a number of the belongings he bought, reminiscent of ETH, skyrocketed within the following weeks.
Simply days later, he regretted his choice with a put up on X. Hayes explained that he had to purchase all of it again at increased costs, requested for forgiveness from the Ethereum neighborhood, and promised to not take ETH earnings once more.
In November, although, additional on-chain information from Lookonchain showed that he disposed of 520 ETH for $1.66 million, alongside ENA and ETHFI.
One other report from late December 2025 indicated that he had bought extra ETH and bought PENDLE, LDO, ENA, and ETHFI once more. If he certainly offloaded the DeFi tokens now, it could end in a considerable loss given the newest market correction.
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