Arthur Hayes transfers 3 million USDC to OTC platforms

November 12: According to monitoring by on-chain analyst Yu Jin, Arthur Hayes (@CryptoHayes) transferred 3 million USDC to OTC platforms Flowdesk and Galaxy Digital 10 minutes ago. Half a month ago, he liquidated multiple altcoins worth at least $49.25 million, saying he would buy back after prices fell far enough. Compared with his selling prices, these tokens have generally dropped 15% to 30%.