BitMEX co-founder Arthur Hayes has incurred a $3.48 million loss after selling four DeFi tokens he purchased in December. According to on-chain analyst Yujin, Hayes sold 2.3 million LDO tokens at $0.42, down from his purchase price of $0.56, resulting in a $310,000 loss. He also sold 15.8 million ENA tokens at $0.13, originally bought at $0.23, losing $1.54 million. Additionally, Hayes sold 1.4 million PENDLE tokens at $1.34, below the $2.06 purchase price, incurring a $990,000 loss. Lastly, he sold 2.15 million ETHFI tokens at $0.47, down from $0.74, resulting in a $630,000 loss.
Arthur Hayes Sells DeFi Tokens at $3.48M Loss
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
