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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Controversial Cryptocurrency Figure Arthur Hayes Bought a Large Amount of This Altcoin During the Rise!
Arthur Hayes, the co-founder of BitMEX, purchased a total of $1.5 million worth of Ethena (ENA) tokens in the last 24 hours.
According to the analysis based on on-chain data by crypto analyst Yu Jin, Hayes made this investment through different platforms.
Among the transactions conducted by Hayes, there is a purchase of 2.1 million ENA for 755,000 USDC via Binance, a purchase of 700,000 ENA for 248,000 USDC through Wintermute, and a purchase of 1.4 million ENA for 502,000 USDC via Galaxy Digital.
Hayes, who frequently comes to the fore not only with his investments but also with his market views, is extremely optimistic about Ethereum. In a post he made on the social media platform X, he stated that he predicts Ethereum will reach 10,000 dollars. This level corresponds to approximately four times the current price of ETH.
Speaking at the Bitcoin 2025 Conference, Hayes claimed that this year Ethereum could reach a range of 4,000 to 5,000 dollars and that capital could shift from Bitcoin to altcoins at an accelerating pace. According to Hayes, this trend resembles the market cycle of 2021 and could signal a strong rally in the altcoin market.