This Altcoin Consistently Sees Unusual Transfers to Arthur Hayes’ Wallet from Developers

Large-scale transactions by whales in the cryptocurrency market have attracted attention in the last 24 hours.

According to Onchain data, a Gnosis Safe Proxy wallet deposited approximately 26.28 million ONDO ($24.7 million) tokens onto exchanges. Of this amount, 6.57 million ONDO ($6.19 million) were transferred to Arthur Hayes' Bybit wallet. A total of 36.88 million ONDO ($37.56 million) entered Hayes' Bybit wallet in the past month.

Another unidentified whale also withdrew 9 million ASTER ($20.7 million) from Gateio. Over the past two days, the same whale has purchased a total of 33 million ASTER ($75.57 million).

Meanwhile, the trader with the address “0xa523” opened a 10x long position worth 450,766 HYPE ($20.5 million) just two hours ago. However, this address, which has made 15 trades in the last 40 days, lost $41.9 million despite a 66.67% win rate, and emerged as the biggest loser.

Finally, the whale with the short address HsYrgw deposited 113,207 SOL ($23.65 million) into exchanges two hours ago. If the sale goes through, the whale will lose $1.81 million.