Arthur Hayes Cashes In On ENA: $3.96M Profit Realized, $8.36M Still Staked

Arthur Hayes, founder of BitMEX, has recently been active in the ENA market, realizing significant profits from his holdings. Two days ago, Hayes unstaked 9 million ENA tokens, splitting the assets across multiple transfers. Of these, 7 million ENA were sent to Binance, followed by a USDC withdrawal from Binance yesterday morning. The remaining 2 million ENA, valued at $2.06 million, were transferred to his wallet (0x6cd…e21) and later moved to Bybit just five hours ago. Hayes’ recent actions demonstrate a profitable strategy with ENA. In late November, he accumulated 16.96 million ENA at an average price of $0.66 per token. Over the past two days, he sold the 9 million ENA transferred to exchanges at an average price of $1.10, securing a profit of $3.96 million. BitMEX 创始人 Arthur Hayes 前天解质押了 900 万枚 ENA，其中 700 万枚 ENA 当时转进了币安 (并在昨天早上从币安提出了 USDC)，另外 200 万枚 ENA 转到了他 0x6cd…e21 地址。 这 200 万枚 ENA ($2.06M) 也在 5 小时前转进了 Bybit。 Arthur Hayes 在 ENA 上是赚钱的：他在 11 月底通过… https://t.co/X2Dw73Q0ms pic.twitter.com/NabMAxmpKC — 余烬 (@EmberCN) December 23, 2024 Haye Still Holds About 8 Million ENA Tokens Despite selling a portion of his holdings, Hayes still retains a significant stake in ENA. A total of 7.94 million ENA tokens, currently valued at $8.36 million, remain staked. This indicates his ongoing interest and potential confidence in the token’s future performance. Hayes’ activity offers insight into the strategies of major players in the crypto market. While taking profits from a substantial portion of his holdings, his decision to keep nearly half of his original ENA stash staked signals a balanced approach to both risk and opportunity. Investors in ENA and similar tokens should take note of whale activity like this, as it often precedes significant market movements. For now, all eyes are on Hayes’ next moves and ENA’s price trajectory in the coming weeks. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: thediver123/ 123RF // Image Effects by Colorcinch