Crypto

BitMEX Co-Founder Arthur Hayes Sells Off $8.47 Million in Ethena

Guavy AI Editorial Team Published September 15, 2026

Instruments

BNB ENA ARKM

Arthur Hayes, co-founder of BitMEX, has made a significant move in the cryptocurrency market. According to blockchain analysis firm Lookonchain, Hayes transferred over $8.47 million worth of Ethena (ENA) into Binance. This transfer is likely for sale purposes.

Hayes initially accumulated 16.79 million ENA at a price of $0.67 per coin between November 26th and November 28th, valuing his holdings at around $11.21 million. Given the current market value, this accumulation has allowed him to secure a gain of approximately $7.7 million.

Arkham, a blockchain 'de-anonymizing' service, identified another transfer from Hayes to a separate wallet containing over $11 million in cryptocurrency. However, Arkham cannot confirm that this wallet belongs entirely to Hayes.

BitMEX Co-Founder Arthur Hayes Sells Off $8.47 Million in Ethena

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