PANews reported on September 23 that according to Spot On Chain monitoring, Arthur Hayes swapped some PENDLE to ATH. In the past three days, he deposited 1.595 million PENDLE (about 5.61 million US dollars) to Binance and Bybit, and then withdrew 16.478 million ATH (about 1.02 million US dollars) from OKX, Bybit and KuCoin through the wallet 0x75b.

Arthur Hayes now holds: 62.257 million ATH ($4.1 million) - the second largest holding; 493,463 PENDLE ($1.98 million) - the third largest holding, with an estimated profit of $1.15 million (+19%).