Arthur Hayes Routes $28.81 Million in Tokens to Trading Platforms

Arthur Hayes has routed $28.81 million in digital assets to trading platforms as his token sales continue, including a fresh $2.73 million Ethena transfer sent for sale.

The latest move involved 14 million Ethena (ENA), valued at about $2.73 million, sent to Cumberland for sale. The broader platform-bound activity includes Ether (ETH), ENA, Uniswap (UNI), ether.fi (ETHFI), Aerodrome (AERO), Pendle (PENDLE) and Zama (ZAMA).

Hayes has also withdrawn 14.15 million USDC from trading platforms. That figure is listed alongside the exchange-bound token transfers, tracking two different legs of the ongoing activity.

Hayes said he had closed his directional trading positions and would stay outside the market until a clear signal showed that risk had eased. He described the wait as temporary, with a return dependent on that signal. The current transfer activity adds a transaction update while his stated pause concerns directional positions.