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Arthur Hayes has sold off $49.24 million worth of altcoins.

1 hours ago

According to Onchain Lens monitoring, Arthur Hayes has cumulatively received 49.24 million USDC after recent token sales. Notably, Galaxy Digital recently transferred 23.07 million USDC to his address, bringing the total USDC he received from trading firms and crypto exchanges to 49.24 million. Previous reports indicated that Arthur Hayes stated he had liquidated directional trading positions, opted to step aside temporarily, and would wait for clear signals of risk mitigation before re-entering the market.

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The on-chain market cap of tokenized stocks issued by xStocks has reached $1 billion, surging 802.5% over the past year.

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