Arthur Hayes acquires $2 million in LDO, PENDLE tokens amid DeFi rotation
Crypto Briefing
Arthur Hayes bought $1 million in LDO and nearly $1 million in PENDLE amid a broader rotation into DeFi tokens.Summary
BitMEX co-founder Arthur Hayes has significantly increased his exposure to decentralized finance (DeFi) tokens by acquiring approximately $1.03 million worth of Lido DAO (LDO) tokens and an additional $973,000 worth of Pendle (PENDLE) tokens. These recent purchases follow an earlier move this week where Hayes sold a portion of his Ethereum holdings to buy other DeFi assets, specifically PENDLE, Ethena (ENA), and Ether.fi (ETHFI). Hayes has previously suggested that high-quality DeFi tokens are positioned to benefit most from improving liquidity conditions in the market.
(Source：Crypto Briefing)