Arthur Hayes, the former CEO of BitMEX and a well-known figure in the world of cryptocurrencies, has made headlines again with his recent investment moves. Despite the recent drop in Bitcoin, Hayes has expressed his confidence in the market by purchasing Ethereum, PENDLE, and Dogecoin.
Hayes, who has been a vocal supporter of PENDLE and Dogecoin, revealed that he added these two altcoins to his portfolio during the market downturn. In a tweet from his X account, he expressed his enthusiasm for the price movements of these cryptocurrencies and his decision to invest in them.
This move by Hayes reflects his belief in the growth potential of these cryptocurrencies, especially PENDLE, which has been the focus of his investments. In fact, Hayes had previously locked 1.65 million PENDLE until September 5, indicating his long-term commitment to this altcoin.
In a recent development, one of Hayes’ wallets was reported to have purchased 92,339.6 PENDLE from Wintermute, a significant investment worth $554 thousand. Additionally, Hayes also acquired 280 Ethereum (ETH) with a value of $1 million, further diversifying his cryptocurrency portfolio.
It is clear that Hayes continues to be an influential figure in the cryptocurrency market, and his investment decisions have the potential to impact the market trends. As always, it is important to note that this is not investment advice, and individuals should conduct thorough research before making any investment decisions. For those interested in exploring a wide range of cryptocurrencies, Binance exchange offers the opportunity to invest in over 300 cryptocurrencies with a 20% commission discount. For more exclusive news, analytics, and on-chain data, follow our Telegram and Twitter accounts.
