Arthur Hayes receives 8.48 million ATH from an off-exchange platform, worth approximately $510,000

TechFlow news, September 22 — According to Etherscan monitoring, Arthur Hayes, co-founder of BitMEX, has continued accumulating ATH after selling a large amount of PENDLE. Hayes received 8.48 million ATH, worth approximately $510,000, from market maker Flowdesk. Since August 15, Hayes has received a total of 54.26 million ATH from OKX, Bybit, and Flowdesk, valued at around $3.61 million, at an average price of $0.066 per token.

Notably, Hayes’ fund Maelstrom is itself an investor in Aethir (ATH), suggesting this purchase may carry marketing motivations. Hayes previously sold 1.595 million PENDLE tokens (worth $5.61 million), after which the token price rose by 23%.