Arthur Hayes (BitMEX founder) just deposited all 24.39B PEPE ($230K) and 167.5B MOG ($223K) back to Binance and Bybit at losses:

• transaction 1: 0xf3b0f3d3bb27a9195b10dcf1cb6940f245395643917c9c4e91d79c4e1652e40f
• transaction 2: 0x42535fdeaee05d1e885854c1ed3dda07ba38d4a0b7fe288ce7b29f3a44a76ba7
• transaction 3: 0x39a67513d9dae4c5dd76538f723da5b13619ade9ee88425938b59a660a349323
• address: 0x6cd66dbdfe289ab83d7311b668ada83a12447e21
• This address belongs to the entity Arthur Hayes (BitMEX founder)

Notably, Arthur Hayes spent a total of $500K on those tokens ($250K for each) only on September 27, after tweeting his support for 3 meme coins, including PEPE, MOG, and MOTHER. If truly selling now, the founder of BitMEX would realize a total estimated loss of $47K (-9.4%) from these two investments after only 6 days.

Fig 1. The overall PEPE trading history of Arthur Hayes (BitMEX founder).

Fig 2. The overall MOG trading history of Arthur Hayes (BitMEX founder).