Arthur Hayes Sells 4 DeFi Tokens Today, Suffers Over $3.48M Loss

According to on-chain analyst Wu Jìn's monitoring, BitMEX co-founder Arthur Hayes frequently engages in buying high and selling low on secondary markets. Notably, he has completely exited four DeFi tokens today that he purchased in December, suffering a total loss of $3.48 million.

Loss Details

• LDO: Purchased 2.3 million tokens at $0.56, sold at $0.42, loss of $310,000;
• ENA: Purchased 15.8 million tokens at $0.23, sold at $0.13, loss of $1.54 million;
• PENDLE: Purchased 1.4 million tokens at $2.06, sold at $1.34, loss of $990,000;
• ETHFI: Purchased 2.15 million tokens at $0.74, sold at $0.47, loss of $630,000.