Arthur Hayes transferred approximately 8,000 ETH worth $18.69 million before receiving $11.73 million in USDC from Galaxy Digital and Flowdesk. On-chain data shows roughly $6.96 million remains as a pending payment.
The transaction highlights continued institutional liquidity flows involving the former BitMEX co-founder's holdings, with counterparties Galaxy Digital and Flowdesk facilitating the settlement.
Arthur Hayes Moves 8,000 ETH Worth $18.7M, Receives $11.7M USDC From Galaxy Digital and Flowdesk
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