On January 7, 2024, according to monitoring by on-chain analytics platform Onchain Lens, Arthur Hayes, co-founder of BitMEX, received a total of 1.05 million LMTS tokens valued at approximately $178,000 from a locked wallet. This transaction has drawn attention to the LMTS token.
Records show that Hayes has invested in the Limitless project through his family office, MaelstromFund. The transfer may be linked to his investment strategy or asset allocation. Although LMTS is not a mainstream cryptocurrency, Hayes' on-chain activities are often seen as a market indicator, making this move particularly noteworthy.
Analysts noted that such large transfers are typically associated with long-term holding strategies or project-related activities, though the exact intent remains unclear.