Arthur Hayes: After the escalation of the situation in the Middle East, the Meme tokens have been significantly reduced. The only Meme token currently held is SCF
This article is machine translated
Show original
Odaily Planet Daily Report: In his latest article, Arthur Hayes stated that due to geopolitical risks, he has prepared for a significant devaluation of his positions, and when the situation between Iran and Israel escalated, he had significantly reduced his positions in the tokens he had previously purchased... The only token he currently holds is SCF. Arthur added that he has not yet instructed Akshat, the investment manager of Maelstrom, to slow down or stop the deployment of funds to pre-sale token trading. As for the idle fiat currency held by Maelstrom, he will pledge it to Ethena to earn substantial interest income while waiting for the opportunity to buy various illiquid cryptocurrencies.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content