This Altcoin Consistently Sees Unusual Transfers to Arthur Hayes’ Wallet from Developers

Large-scale transactions by whales in the cryptocurrency market have attracted attention in the last 24 hours.

According to Onchain data, a Gnosis Safe Proxy wallet deposited approximately 26.28 million ONDO ($24.7 million) tokens onto exchanges. Of this amount, 6.57 million ONDO ($6.19 million) were transferred to Arthur Hayes' Bybit wallet. A total of 36.88 million ONDO ($37.56 million) entered Hayes' Bybit wallet in the past month.

Another unidentified whale also withdrew 9 million ASTER ($20.7 million) from Gateio. Over the past two days, the same whale has purchased a total of 33 million ASTER ($75.57 million).

Meanwhile, the trader with the address “0xa523” opened a 10x long position worth 450,766 HYPE ($20.5 million) just two hours ago. However, this address, which has made 15 trades in the last 40 days, lost $41.9 million despite a 66.67% win rate, and emerged as the biggest loser.

Finally, the whale with the short address HsYrgw deposited 113,207 SOL ($23.65 million) into exchanges two hours ago. If the sale goes through, the whale will lose $1.81 million.

*This is not investment advice.

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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.
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