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Arthur Hayes, perhaps best known for his leadership at BitMEX years ago, has made several high-value transfers for numerous altcoins, mostly from the DeFi space, which caught the attention of monitoring resources such as Lookonchain.<\/p>\n
Given his history of offloading similar tokens in times of market uncertainty, the analysts speculated that he had likely made the transfers to sell $1.06 million worth of ENA, $954,000 worth of ETHFI, and $1.14 million worth of PENDLE.<\/p>\n
\nArthur Hayes(@CryptoHayes<\/a>) is selling DeFi tokens.<\/p>\n
In the past 15 minutes, he moved out 8.57M $ENA<\/a>($1.06), 2.04M $ETHFI<\/a>($954K), and 950K $PENDLE<\/a>($1.14M) \u2014 likely to sell.https:\/\/t.co\/loeYKUb9rN<\/a> pic.twitter.com\/ZOJnUHCTdr<\/a><\/p>\n
\u2014 Lookonchain (@lookonchain) February 8, 2026<\/a><\/p>\n<\/blockquote>\n
Hayes made<\/a> several big sell-offs in August last year, claiming that the crypto market was due for a large correction. However, the market went the other direction, and some of the assets he sold, such as ETH, skyrocketed in the following weeks.<\/p>\n
Just days later, he regretted his decision with a post on X. Hayes explained<\/a> that he had to buy it all back at higher prices, asked for forgiveness from the Ethereum community, and promised not to take ETH profits again.<\/p>\n
In November, though, further on-chain data from Lookonchain showed<\/a> that he disposed of 520 ETH for $1.66 million, alongside ENA and ETHFI.<\/p>\n
Another report from late December 2025 indicated<\/a> that he had sold additional ETH and purchased PENDLE, LDO, ENA, and ETHFI again. If he indeed offloaded the DeFi tokens now, it would result in a substantial loss given the latest market correction.<\/p>\n
The post Arthur Hayes Reportedly Dumps These DeFi Tokens: Full Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n