Arthur Hayes Is Still Selling: $28.8M in Tokens Sent to Exchanges Since Yesterday

TLDR Maelstrom CIO Arthur Hayes sold $22.28 million in altcoins, including $15.2 million of Ethereum. US spot Ethereum ETFs saw $1.1 billion in outflows in October, the second-largest month since launch. Bitcoin fell to $80,000 after reports the US was moving personnel out of the Middle East. Ethereum is down 15% from a recent high of $2,800 and is testing support near $2,300. Hayes moved another 14 million Ethena tokens to Cumberland on Oct. 25. Maelstrom chief investment officer Arthur Hayes has sold his altcoin holdings. The sales started with Ethereum. Hayes sold 6,400 Ethereum, worth $15.2 million.