According to TechFlow TechFlow, on February 8th, according to on-chain analyst Yu Jin, BitMEX co-founder Arthur Hayes frequently buys high and sells low in the secondary market: today he liquidated his holdings of four DeFi tokens that he bought for $9.35 million last December, resulting in a loss of $3.48 million.
• Bought 2.3 million LDOs at $0.56 and sold them at $0.42, resulting in a loss of $310,000;
• Bought 15.8 million ENA tokens at $0.23 and sold them at $0.13, resulting in a loss of $1.54 million;
• Bought 1.4 million PENDLE tokens at $2.06 and sold them at $1.34, resulting in a loss of $990,000;
• Bought 2.15 million ETHFI at $0.74 and sold at $0.47, resulting in a loss of $630,000.
