According to Odaily, Arthur Hayes has announced his intention to increase his positions in PENDLE and DOGE. Following this announcement, his address purchased 280 ETH and 92,000 PENDLE through Wintermute.
Previously, on June 19th, Hayes had stated on platform X that he appreciated the sideways market fluctuations that led to a decrease in the price of 'shitcoins'. He also mentioned that he was in the process of increasing his positions in PENDLE and DOGE.
It is important to note that the term 'shitcoin' is often used in the cryptocurrency community to refer to digital currencies that are considered worthless or have no potential for growth. However, Hayes' decision to increase his holdings in PENDLE and DOGE suggests a different perspective on these particular cryptocurrencies.