Arthur Hayes adds PENDLE

With the recent rebound in the cryptocurrency market, the market has begun to stir up speculation about the bottom. Arthur Hayes, founder of the BitMEX exchange, stated in a recently published article that he will seize the fall in May and build/increase positions in altcoins. He also revealed that he would choose to buy more PENDLE in terms of long-term altcoin positions.​

Judging from the on-chain data in the past few days, it seems that Arthur Hayes is really not just talking casually. The wallet data marked as Arthur Hayes 2 shows that Arthur Hayes bought 155,697.8 PENDLE through the market maker Wintermute in these days.

At the time of writing this article, Arthur Hayes holds a total of 1.555 million PENDLEs, with a total value of approximately US$8.338 million.

It is worth mentioning that not only Arthur Hayes believes that the momentum of speculation will soon transfer to the altcoin market, for example, Zhu Su, founder of Three Arrows Capital, posted on May 2: "alt szn now." In addition, some KOLs have also begun to speculate on altcoins.

Brother Maji buys FRIEND

According to data on the chain, Brother Maji spent 962 ETH (worth about 3 million US dollars) to buy 1.39 million FRIEND at an average price of 2.16 US dollars this afternoon. After that, he added 1.39 million FRIEND and 1,005 ETH to form LP to add liquidity. sex.

Machi Big Brother(@machibigbrother) spent 962 $ETH($3M) to buy 1.39M $FRIEND at $2.16.And added liquidity of 1,005 $ETH($3.13M) and 1.44M $FRIEND($3.45M).https://t.co/j5UByo2jpNhttps://t.co/MBuMJJq4fw pic.twitter.com/MTYUwEWozd

— Lookonchain (@lookonchain) May 6, 2024

This Article Is “Altcoin Season” Here? Arthur Hayes increased his position in PENDLE, Brother Moji bought FRIEND group LP first appeared on Zombit in Sangbi District.