Arthur Hayes liquidated significant holdings, including ETH, ENA, and PEPE, during a market downturn influenced by external economic factors.
Arthur Hayes sold approximately $13 million in crypto assets, including 2,373 ETH, 7.7 million ENA, and nearly 39 billion PEPE tokens amid a market decline. Ethereum dropped 5% to below $3,600, while PEPE and ENA also saw declines. The market downturn coincided with Bitcoin's drop to $113,000 following new tariffs announced by President Trump, impacting overall market sentiment.