Lookonchain: Arthur Hayes Received $32.42M in USDC (U.S. dollar–pegged stablecoin) Over Two Days

Blockchain monitoring platform Lookonchain reported Arthur Hayes received $32.42 million in USDC from Binance, Galaxy Digital, and Wintermute within 48 hours.

USDC

Summary

According to Lookonchain, Arthur Hayes received approximately $32.42 million in USDC over a two-day period. The transfers originated from major crypto-related entities including Binance, Galaxy Digital, and Wintermute, highlighting significant recent fund movements involving the BitMEX co-founder.

Terms & Concepts
  • USDC: A U.S. dollar–pegged stablecoin used for digital payments and settlements.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often pegged to fiat currency.