𝘼𝙧𝙩𝙝𝙪𝙧 𝙃𝙖𝙮𝙚𝙨 𝙅𝙪𝙨𝙩 𝙈𝙤𝙫𝙚𝙙 $𝟮𝟴.𝟴𝙈 𝙩𝙤 𝙀𝙭𝙘𝙝𝙖𝙣𝙜𝙚𝙨. 𝙄𝙨 𝙃𝙚 𝙏𝙚𝙡𝙡𝙞𝙣𝙜 𝙐𝙨 𝙎𝙤𝙢𝙚𝙩𝙝𝙞𝙣????
Arthur Hayes moved about $28.8M in $ETH , ENA and five other tokens to exchanges and OTC desks in 24 hours, with $6.65M in profit according to Lookonchain. His fund, Maelstrom, says it has realized profits on all directional positions and that the market needs a correction before growth. He plans to step aside until clear risk signals appear.
The timing fits: BTC is back under 80K, spot $BTC ETFs lost $773M in two days, and Ethereum ETFs have seen over $1B in outflows this October.
I read it as a trader cutting risk, not a call for a crash. Hayes has sold early before, and he says he's coming back.
Are you cutting risk like him, or buying the fear?
#ArthurHayes #Ethereum #bitcoin #BinanceSquare
Not financial advice.
Arthur Hayes moved about $28.8M in $ETH , ENA and five other tokens to exchanges and OTC desks in 24 hours, with $6.65M in profit according to Lookonchain. His fund, Maelstrom, says it has realized profits on all directional positions and that the market needs a correction before growth. He plans to step aside until clear risk signals appear.
The timing fits: BTC is back under 80K, spot $BTC ETFs lost $773M in two days, and Ethereum ETFs have seen over $1B in outflows this October.
I read it as a trader cutting risk, not a call for a crash. Hayes has sold early before, and he says he's coming back.
Are you cutting risk like him, or buying the fear?
#ArthurHayes #Ethereum #bitcoin #BinanceSquare
Not financial advice.