# Arthur Hayes Transfers Three Million USD Coin to Flowdesk, Galaxy Digital

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55321
Published: 2026-11-12T11:44:09.000Z
Updated: 2026-11-12T11:44:09.000Z
Section: Investing

> About two weeks earlier, Hayes sold multiple altcoins worth at least $49.25 million and said he would wait for prices to fall before buying again.

A combined transfer of three million USD Coin (USDC) from BitMEX co-founder Arthur Hayes to Flowdesk and Galaxy Digital took place on Nov. 12, about two weeks after a major altcoin sale.

Hayes is also CEO of Flop Labs. He sold multiple altcoins worth at least $49.25 million about two weeks earlier and said he would wait for prices to fall enough before buying again.

The tokens Hayes sold were broadly 15% to 30% below their sale prices.