Arthur Hayes Dumps $22M in Altcoins: “We Gotta Go Down to Go Up”
Photo: Coinpedia
Arthur Hayes sold $22.28 million in altcoins as Maelstrom closed its entire directional trading portfolio. Hayes sold 6,400 ETH worth $15.2 million, making Ethereum the largest position in the reported sell-off. Other sales includes, ENA, UNI, ETHFI, AERO, PENDLE and ZAMA, with some tokens transferred to Binance. Maelstrom founder Arthur Hayes has dumped $22.28 million in altcoins, including ETH, ENA, ETHFI, UNI AERO, PENDLE, and ZAMA. Hayes says he is stepping away from directional trading, warning that crypto prices may need to fall further before the next recovery begins.
Source: Coinpedia
