Arthur Hayes, co-founder of BitMEX and CEO of Flop Labs, transferred three million USDC to Flowdesk and Galaxy Digital on November 12. This move came about two weeks after Hayes sold multiple altcoins worth at least $49.25 million. He indicated he would wait for prices to drop further before buying again, as the tokens he sold are now trading 15% to 30% below his sale prices. This activity highlights Hayes' cautious approach amid volatile altcoin market conditions.
Arthur Hayes' transfer of three million USDC to Flowdesk and Galaxy Digital provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 18:32 WIB: out of 50 major cryptocurrencies, 11 rose and 38 fell today. Notable movers include UNI at Rp111.526 with a 1-day change of -4.45% and a typical hold time on Pluang of 66 days, CRV at Rp4.300 with a 1-day change of -4.00% and 100% buy order activity, and ZIL at Rp28 with a 1-day change of -3.38% and 85% buy order activity.
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