
Onchain Lens reports Arthur Hayes shifted ENA and PENDLE to exchanges while boosting his HYPE holdings to over $5.78 million, signaling continued reallocation toward the token.
Onchain Lens revealed that Arthur Hayes, co-founder of BitMEX, transferred 3.63 million ENA (about $486,000) and 332,000 PENDLE (about $487,000) to Galaxy and Binance. Over the past two days, Hayes acquired 96,116 HYPE tokens worth approximately $3.42 million, increasing his total HYPE holdings to 161,271 tokens valued around $5.78 million. This activity follows previous purchases that had brought his position to 131,807 HYPE (worth $4.33 million), indicating a sustained shift in his portfolio toward HYPE and away from ENA and PENDLE.