Arthur Hayes transferred 3 million USDC to OTC platforms Flowdesk and Galaxy Digital, on-chain analyst Yu Jin reported. The move comes roughly two weeks after Hayes liquidated multiple altcoins worth at least $49.25 million, stating he planned to buy back once prices dropped sufficiently.
The tokens Hayes sold have since declined approximately 15% to 30% from his exit prices, potentially setting the stage for re-entry into those positions.
Arthur Hayes Moves 3M USDC to OTC Platforms After Altcoin Liquidation
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