The previous BitMEX CEO has moved thousands and thousands of {dollars} price of sure DeFi tokens, here is which of them.
Arthur Hayes, maybe finest identified for his management at BitMEX years in the past, has made a number of high-value transfers for quite a few altcoins, largely from the DeFi area, which caught the eye of monitoring assets similar to Lookonchain.
Given his historical past of offloading comparable tokens in instances of market uncertainty, the analysts speculated that he had probably made the transfers to promote $1.06 million price of ENA, $954,000 price of ETHFI, and $1.14 million price of PENDLE.
Arthur Hayes (@CryptoHayes) is promoting DeFi tokens.
Up to now quarter-hour, he moved out 8.57M $ENA($1.06), 2.04M $ETHFI($954K), and 950K $PENDULUM($1.14M) — more likely to promote.https://t.co/loeYKUb9rN pic.twitter.com/ZOJnUHCTdr
— Lookonchain (@lookonchain) February 8, 2026
Hayes made a number of huge sell-offs in August final 12 months, claiming that the crypto market was due for a big correction. Nevertheless, the market went the opposite course, and a few of the belongings he offered, similar to ETH, skyrocketed within the following weeks.
Simply days later, he regretted his choice with a submit on X. Hayes defined that he had to purchase all of it again at increased costs, requested for forgiveness from the Ethereum group, and promised to not take ETH income once more.
In November, although, additional on-chain information from Lookonchain confirmed that he disposed of 520 ETH for $1.66 million, alongside ENA and ETHFI.
One other report from late December 2025 indicated that he had offered further ETH and bought PENDLE, LDO, ENA, and ETHFI once more. If he certainly offloaded the DeFi tokens now, it will lead to a considerable loss given the newest market correction.
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