Former BitMEX CEO Arthur Hayes sent $ 1.9 million worth of altcoins to Binance after bull calls from Twitter and withdrew them all in USDT.
Arthur Hayes said choke then emptied his altcoin wallet
The well-known market analyst posted on Twitter earlier today, “Are you ready for the bull market?” Wrote. Meanwhile, Bitcoin price was climbing around $23,000 over the weekend, rising around 20% from the lows of the last two months. The entire cryptocurrency market has been rising in double digits since Hayes’ bull call. However, as reported by on-chain researcher Lookonchain, Arthur Hayes prefers to sell in the meantime.
Are you ready for the mother fucking bull market?
— Arthur Hayes (@CryptoHayes) March 13, 2023
Sold 785,000 LDOs
According to the transaction records, Hayes recently transferred 785,000 LDOs worth $1.97 million to his Binance wallet. Then, a few minutes later, it withdraws 2,358,200 USDT from Binance. It is unclear at this time why Hayes took such action. The community finds it ironic that he became one of the first to sell soon after he posted bullish messages.
Arthur Haye(@CryptoHayes) transferred 785,000 $LDO ($1.97M) to #Binance ~40 mins ago.
Then received 2,358,200 $USDT from #Binance a few minutes later.https://t.co/41kTyuGpQb pic.twitter.com/6x79ZxHO54
— Lookonchain (@lookonchain) March 13, 2023
As quoted by Kriptokoin.com, Hayes shared a scenario last week that Bitcoin could return to $40,000 by the end of 2023.
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