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Arthur Hayes Sends 14 Million ENA to Cumberland as Transfers Reach About $28.81 Million

The transfers spanned seven assets, and Hayes also withdrew 14.15 million USDC from trading platforms.

Mentioned assets
An unmarked metal token rests at the edge of a steel tray / TokenPost.ai
An unmarked metal token rests at the edge of a steel tray / TokenPost.ai

Arthur Hayes, the BitMEX co-founder, transferred 14 million Ethena (ENA) tokens worth about $2.73 million to Cumberland, bringing the value of his transfers to trading platforms since the previous day to about $28.81 million. The wallet tracker 余烬监测 characterized the transfer as a move to Cumberland for sale.

Hayes’ transfers included Ether (ETH), Ethena (ENA), Uniswap (UNI), ether.fi (ETHFI), AERO, PENDLE and ZAMA. He also withdrew 14.15 million USDC from trading platforms. The $28.81 million figure covers token value transferred to platforms; the USDC amount is a separate withdrawal total.

A previous tally of Hayes’ token movements valued the basket at $22.28 million as of Saturday, Oct. 24, at 2:15 a.m. ET (06:15 UTC). It listed 14 million ENA valued at $2.76 million, 6,400 Ether at $15.2 million, 323,000 UNI at $2.24 million and 1.89 million ETHFI at $1.23 million. Ether made up about 68% of the basket’s total value.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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