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Arthur Hayes moves $28.81M in crypto tokens to trading platforms, signaling potential sales.

Market News
24 Oct 2026
Tokenpost
View Source
Neutral
Arthur Hayes moves $28.81M in crypto tokens to trading platforms, signaling potential sales.

Arthur Hayes, co-founder of BitMEX, transferred approximately $28.81 million worth of various crypto tokens, including 14 million Ethena (ENA) tokens valued at $2.73 million, to Cumberland, a trading platform. The transfers, which also included Ether (ETH), Uniswap (UNI), ether.fi (ETHFI), AERO, PENDLE, and ZAMA, suggest Hayes is preparing to sell these assets. Additionally, Hayes withdrew 14.15 million USDC separately from trading platforms. This activity highlights significant movement of crypto assets by a major industry figure, potentially impacting market liquidity and token prices.

Arthur Hayes' recent transfer of $28.81 million in crypto tokens provides context for market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 25, 2026 07:21 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Among notable movers, ATOM fell 3.08% to Rp29.648 with 56% of orders selling, contrasting with THETA, which dropped 3.06% to Rp3.385 but had 100% buy orders. SAND also declined 2.90% to Rp897 with a slight majority of sell orders at 55%.

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