Lo! Arthur Hayes, once the lion of BitMEX, now doth gamble again upon the lofty shelves of DeFi. His recent coin‑crush has been so striking that Lookonchain, the grand scribe of the ether, has taken note.
With a wink at past antics, scholars whisper that he has likely unmoored $1.06 million in ENA, $954,000 in ETHFI, and a grand $1.14 million of PENDLE-all to satisfy a bitter itch for market modesty.
Arthur Hayes(@CryptoHayes) is selling DeFi tokens.
In the last half hour, he flew 8.57 M $ENA ($1.06 M), 2.04 M $ETHFI ($954 K), and 950K $PENDLE ($1.14 M) out of the market-surely for a liquid sale.
– Lookonchain (@lookonchain) February 8, 2026
Once upon an August of years past, our hero declared a market correction; yet the moon turned, and ETH blossomed brighter than a summer rose.
Alas, a twinge of remorse soon followed. Through a tweet on X, he repented, admitting the need to repurchase the very coins he had sold-at a price that would make a croupier blush. He bade the Ethereum community mercy and vowed to refrain from future ETH profiteering.
Yet in November, Lookonchain whispered of 520 ETH traded for a tidy $1.66 million, alongside the same old ENA and ETHFI. The spectator wonders: shall this be the night the tokens meet their doom? A December report suggests more most oddry moves-ETH sold, PENDLE, LDO, ENA, and ETHFI bought once more.
Should our beloved Mr. Hayes truly cast off these DeFi spirits once again, the consequences for his ledger-nay, his composure-may be as heavy as a powdered sugar revolt.
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2026-02-08 16:28