Arthur Hayes: Has Sold Off All ETH, ENA, UNI and Other Tokens, Plans to Stay on the Sidelines for Now

October 24 — According to Lookonchain monitoring, Arthur Hayes is selling tokens worth $22.28 million, including 6,400 ETH worth $15.2 million; 14 million ENA worth $2.76 million; 323,000 UNI worth $2.24 million; 1.89 million ETHFI worth $1.23 million; 546,609 AERO worth $398,000; 120,000 PENDLE worth $244,000; and 3 million ZAMA worth $214,000.

In response, Arthur Hayes posted that he has fully liquidated his directional portfolio, taking profits on ETH, ENA, UNI and other altcoins. Hayes said the market needs to fall first before it can rise, and the current macro and geopolitical environment "looks a bit tricky." He plans to stay on the sidelines for now and wait for a "full clear signal" before re-entering.