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Arthur Hayes Buys 7.66M BIO Tokens for $1.1M—$14.37M Spent Since Aug. 10

According to on-chain data, Hayes has invested $14.37 million in six Ethereum ecosystem tokens since Aug. 10, selling only part of PENDLE while holding the rest.

ETH
PENDLE

Summary

Arthur Hayes reportedly acquired 7.66 million BIO tokens worth about $11 million. Since August 10, he has invested a total of $14.37 million in six Ethereum ecosystem tokens. Of these, only PENDLE has been partially sold, with the remainder of the assets still held in his portfolio.

Terms & Concepts
  • On-chain analyst: A researcher who examines public blockchain transaction data to identify and track crypto activity.
  • Ethereum ecosystem tokens: Cryptocurrency tokens issued on the Ethereum blockchain, commonly following standards such as ERC-20.
  • PENDLE: A cryptocurrency token referenced in the report; only a portion was sold by the buyer mentioned.