Arthur Hayes-Linked Wallet Receives $49.24 million in USDC

A wallet linked to BitMEX co-founder Arthur Hayes received $49.24 million in USDC from trading desks and exchanges after recent token sales. Galaxy Digital sent $23.07 million to the wallet as part of that total.

The Galaxy transfer is included in the $49.24 million figure, rather than an additional amount on top of it.

The latest receipts follow a separate 8,000 ETH transfer on Saturday, Oct. 24 by a wallet linked to Hayes. That movement included 1,600 ETH sent to each of Binance, Galaxy Digital and FalconX and was valued at about $19 million at the time. The transfers showed Ether moving to the firms but did not confirm that it had been sold.