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Arthur Hayes Dumps $4.96M in Crypto Holdings During Sharp Market Slide, On-Chain Data Shows
Hayes sold $4.96M in ETH and DeFi tokens during a fast market downturn, on-chain data shows.
The sales spanned major assets, suggesting broad portfolio trimming as prices moved lower.
Traders tracked the timing closely while BTC and ETH stayed stable despite the large outflows.
Arthur Hayes has drawn attention again as fresh on-chain data shows he unloaded several crypto holdings during a turbulent 24-hour market window. Analysts watched the sales closely because they came soon after a sharp downturn across major assets.
Large Sales Tracked Across Ethereum and DeFi Tokens
Arthur Hayes is dumping his bags heavily as Lookonchain tracked a new wave of crypto sales during a fast market slide. The wallet linked to Hayes moved several assets and reduced positions across Ethereum-based and DeFi tokens
The recorded activity showed that he sold 260 ETH worth $820,000, 2.4 million ENA worth $651,000, 640,000 LDO worth $480,000, 1,630 AAVE worth $289,000 and 28,670 UNI worth $209,000. Data also showed earlier transfers during the same window. These included 520 ETH, 2.62 million ENA and 132,730 ETHFI
The full batch brought the total value of assets sold to $4.96 million. Analysts noted that the sale covered a wide set of tokens and pointed to broad position trimming. The sales came after Bitcoin fell to $94,000 and ETH dropped to $3,100. Many altcoins slid at the same time, yet ZEC moved higher and gained more than 220% over one month.
Market Monitoring and Community Reaction
Analysts reviewed the blockchain data as the transactions were completed within hours. The on-chain activity led many analysts to watch price moves, and they checked the timing of each sale. Some users noted that Hayes moved assets even as major coins traded without large swings after the crash.
Bitcoin and Ethereum stayed stable and did not show sharp reactions to the reported sales. Yet users on social platforms discussed the volume because Hayes is known for active management during volatile weeks. His past moves often bring attention when markets face heavy pressure.
Reports said he sold a broad mix of governance tokens and DeFi assets. The pattern suggested portfolio adjustments as prices moved lower. Analysts said that traders monitored the event to understand short-term liquidity changes during the decline.
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