Arthur Hayes Transferred 41 Million ATH, Will Lose $490,000 on Selling

On October 18, BitMEX founder Arthur Hayes bought 116.6 million ATH ($7.62 million) at an average price of $0.065 after selling PENDLE in September, according to Ashes Monitor.

An hour ago, he transferred 41 million ATH ($2.18 million), of which 36 million went to Bybit and 5 million to CEX. ATH is currently trading at $0.053, and he will realize a loss of $490,000 on the 41 million ATH he transferred.