Arthur Hayes often buys high and sells low in the secondary market: Liquidated 4 DeFi Tokens Today, Losing $3.48 Million
BlockBeats News, February 8th, according to on-chain analyst Wu Ji monitoring, the co-founder of an exchange Arthur Hayes is known for buying high and selling low in the secondary market: he liquidated today four DeFi tokens he bought for $9.35 million in December last year, resulting in a $3.48 million loss.
· Bought 2.3 million LDO at $0.56, sold at $0.42, loss of $310,000;
· Bought 15.8 million ENA at $0.23, sold at $0.13, loss of $1.54 million;
· Bought 1.4 million PENDLE at $2.06, sold at $1.34, loss of $0.99 million;
· Bought 2.15 million ETHFI at $0.74, sold at $0.47, loss of $0.63 million.
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