Arthur Hayes Transfers Another 14 Million ENA, Extending Token Sales

BitMEX co-founder Arthur Hayes has transferred another 14 million ENA to a trading platform, on-chain data showed.On Oct. 25, on-chain analyst EmberCN wrote on X that Hayes had sent 14 million ENA to Cumberland about 25 minutes earlier. The transfer was worth about $2.73 million.Since the previous day, Hayes has moved tokens worth about $28.81 million to multiple trading platforms, including ETH, ENA, UNI, ETHFI, AERO, PENDLE and ZAMA, according to EmberCN.He later withdrew 14.15 million USDC from those platforms. EmberCN interpreted that as a sign that Hayes' token sales were still underway.