Arthur Hayes Dumps $22M in Crypto After Calling for $10K ETH: Here’s What He Sold

Image: CryptoPotato
The former CEO of the now-closed derivatives exchange BitMEX is back in selling mode, with on-chain data showing that he disposed of more than $20 million worth of cryptocurrencies in just days. The latest transactions add another chapter to his unusual trading history, in which he has repeatedly accumulated ETH and then sold substantial portions shortly afterward. Hayes Dumps $22M in Crypto According to data from Lookonchain, wallets associated with Arthur Hayes sold approximately $22.28 million worth of various altcoins, with the leader of the niche accounting for the overwhelming majority of the total. The biggest transaction involved 6,400 ETH worth approximately $15.2 million.
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