Arthur Hayes, co-founder of BitMEX, recently transferred 7.6 million $BIO tokens back to Binance, valued at $461,000. This move comes three months after he initially withdrew 7.66 million $BIO, then worth $1.1 million, from the exchange. The transaction suggests Hayes incurred a loss of approximately $640,000. The activity was tracked to the address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21, according to data from Nansen AI.