Arthur Hayes transferred 41 million ATH coins, selling them would result in a loss of $490,000

BlockBeats reported that on October 18, according to Ember’s monitoring, Arthur Hayes, the founder of BitMEX, bought 116.6 million ATHs (US$7.62 million) at an average price of US$0.065 after selling PENDLE in September.

One hour ago, he transferred out 41 million ATHs (US$2.18 million), of which 36 million went to Bybit and 5 million went to OKX. The current price of ATH is US$0.053, and the 41 million ATHs he transferred out will result in a loss of US$490,000.