Arthur Hayes-Linked Wallet Receives 1.23 Million LMST Tokens

A wallet linked to Arthur Hayes received 1.23 million LMST tokens and held more than $14 million in crypto assets on Wednesday, with Ethena its largest listed position.

The wallet held $5.63 million in Ethena (ENA), $3.15 million in Wrapped eETH (weETH), $2.44 million in Uniswap (UNI) and $1.32 million in ether.fi (ETHFI). Those figures describe the dollar value of each position; the LMST figure is a token count. The four listed holdings made up most of the wallet’s stated value.

The wallet also bought Aerodrome Finance (AERO), Pendle (PENDLE) and Zama (ZAMA) through over-the-counter transactions. Such trades are arranged directly between parties instead of through an exchange order book.

The address is linked to Hayes, but that association alone does not establish who initiated each transaction. The LMST movement was an incoming transfer, while the AERO, PENDLE and ZAMA movements were described as purchases.