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Ethereum

Arthur Hayes Dumps $22.28M in ETH, ENA, UNI as Scammers Move In Fast

Image: Bitcoin.com News

Arthur Hayes says he has closed Maelstrom’s entire directional book, and onchain trackers counted about $22 million in tokens leaving his wallets on Saturday morning. Hayes, the BitMEX co-founder who runs family office Maelstrom, did not bother with nuance. “I dumped it all,” he posted on X earlier on Saturday, saying Maelstrom’s directional book took profits on ETH, ENA, UNI, “and other shitcoins.” His reasoning was just as blunt, noting: Here is how the morning unfolded, based on onchain trackers and Blockscout records: Within minutes, Hayes’s wallet history began filling with transfers he never made as Blockscout’s token transfer log showed 26 transfers of tokens labeled “ETH” between 05:58 and 07:32 UTC, with none of them being real ether.

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