Arthur Hayes deposited 41M ATH ($2.2M) to CEXs at loss

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Oct 18, 13:12

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Arthur Hayes deposited 41M ATH ($2.2M) to CEXs at loss

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Arthur Hayes (likely) 0x6cd

Total tokens transferred

41M

ATH

Arthur Hayes (BitMEX founder) just deposited 41M ATH ($2.2M) to exchanges in the past 20 minutes, including:

36M ATH ($1.93M) deposited into Bybit;
5M ($268K) ATH deposited into OKX.

address: 0x6cd66dbdfe289ab83d7311b668ada83a12447e21
This address belongs to the entity Arthur Hayes (BitMEX founder)

Notably, Arthur Hayes withdrew 116.63M ATH from exchanges at an average price of $0.065 (estimated cost: $7.54M) between August 15 and September 27, 2024. If truly selling now at $0.054, the founder of BitMEX would realize an estimated loss of $449K (-16.9%).

Currently, Arthur Hayes still holds 75.63M ATH ($4.08M), his second-largest holding, and has another unrealized loss of $738K (-15.1%).

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

Fig 2. The current top 5 holdings of Arthur Hayes (BitMEX founder).

#ath

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#bybit

#okx

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#arthur hayes

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Arthur Hayes deposited 41M ATH ($2.2M) to CEXs at loss

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