Arthur Hayes, co-founder of BitMEX, has made a significant acquisition of 11.4 million ATH tokens through OKX, totaling approximately $779K, as recent trading records reveal.
This substantial buy underscores Hayes’ ongoing commitment and optimism towards the ATH token, which is associated with a rising project in the crypto space.
Arthur Hayes(@CryptoHayes) bought 11.4M $ATH($779K) from #OKX 25 minutes ago.https://t.co/YWJQa0RFYz pic.twitter.com/oOkuGcILLg
— Lookonchain (@lookonchain) August 15, 2024
The size and timing of this purchase suggest it may be a strategic reaction to current market trends or recent advancements related to the ATH token.
Market watchers will be paying close attention to ATH’s price movements and overall market behavior following this prominent transaction, as such high-profile purchases can often signal future market shifts.
OKX, a major player in the cryptocurrency exchange arena, executed this deal, demonstrating its role in handling large-scale transactions involving influential figures in the crypto world.
According to the latest Santiment report, the crypto market is entering a critical phase, with a mix of bullish on-chain signals and cautionary sentiment indicators.
Russian state-owned defense and technology giant Rostec has unveiled plans to launch a ruble-pegged stablecoin and digital payments platform by the end of 2025, marking one of the country’s most significant moves yet toward blockchain-based financial infrastructure.
Former Ethereum core developer Eric Conner has outlined a compelling bullish thesis for Ethereum (ETH), pointing to a convergence of on-chain data and institutional flows that could set the stage for a significant price surge.
Pepe (PEPE) has been trending lower in the past few days and has underperformed some of its peers as investors seem to have been increasingly drawn to Solana-based tokens. The launch of the first Solana ETF in the United States along with key paperwork submissions for a Pudgy Penguins (PENGU) ETF has pushed PEPE temporarily […]