Arthur Hayes, the former CEO of BitMEX, made headlines with his recent announcement of purchasing three different altcoins during the drop in Bitcoin’s value. Hayes, who is known for his outspoken views on cryptocurrencies, revealed that he had invested in Ethereum, PENDLE, and Dogecoin.
In a statement from his X account, Hayes expressed his support for PENDLE and Dogecoin, stating that he had added both of these altcoins to his portfolio during the market downturn. He emphasized his appreciation for the price fluctuations in these cryptocurrencies, indicating his confidence in their potential for future growth.
Hayes’ decision to invest in these altcoins reflects his strong belief in their long-term prospects. Notably, his continued support for PENDLE, which had previously received investment from Binance Labs, demonstrates his commitment to this particular cryptocurrency.
In a recent post, Lookonchain reported that one of Hayes’ wallets had acquired a significant amount of PENDLE from Wintermute, further solidifying his position in this altcoin. Additionally, Hayes also purchased 280 Ethereum tokens, further diversifying his investment portfolio.
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