Is the big player making a move? Arthur Hayes just transferred 3 million USDC to an OTC desk!
Half a month ago, he had just sold off more than $49 million worth of altcoins, saying with absolute confidence that he’d wait for the market to bottom out before buying again.
The coins he sold have since dropped another 15%–30%. Now that this money is coming in, does he think prices are cheap enough to start catching falling knives?
But those in the know can see what’s going on: he sold $49 million worth, and now he’s only putting $3 million back in to test the waters. He’s trying to call the bottom early!
Which coin will Hayes buy the dip on this time? Bitcoin, or the small-cap altcoins he loves most?
#BTC #ArthurHayes
Half a month ago, he had just sold off more than $49 million worth of altcoins, saying with absolute confidence that he’d wait for the market to bottom out before buying again.
The coins he sold have since dropped another 15%–30%. Now that this money is coming in, does he think prices are cheap enough to start catching falling knives?
But those in the know can see what’s going on: he sold $49 million worth, and now he’s only putting $3 million back in to test the waters. He’s trying to call the bottom early!
Which coin will Hayes buy the dip on this time? Bitcoin, or the small-cap altcoins he loves most?
#BTC #ArthurHayes