Why Did Arthur Hayes Just Dump $13 Million in ETH, PEPE, and ENA? The Market Signal Every Investor Needs to Decode Now!
BitMEX co-founder Arthur Hayes sold approximately $13 million worth of crypto assets on Friday, including Ethereum, Ethena (ENA), and Pepe (PEPE), amid a market-wide decline, according to blockchain analytics platform Lookonchain.
Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) in the past 6 hours.https://t.co/1HymJRPhcj pic.twitter.com/MoJNKUjJaQ
— Lookonchain (@lookonchain) August 2, 2025
The sales comprised 2,373 ETH, 7.7 million ENA, and around 39 billion PEPE tokens. Over the past 24 hours, Ethereum fell 5% to below $3,600, while both PEPE and ENA declined about 2%, CoinGecko data shows.
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