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Arthur Hayes Purchases ¥2.2 Billion Worth of ENA Tokens This Week: What's Behind It?

2025/09/12 15:36 (Updated 2025/09/13 06:01)
CoinPost
Written by L.Kikutani
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Arthur Hayes Purchases ¥2.2 Billion Worth of ENA Tokens This Week: What's Behind It?

Hayes Makes a Large Purchase of ENA

Arthur Hayes, former CEO of BitMEX and a well-known trader, has been revealed to have purchased ¥2.2 billion worth of Ethena (ENA) tokens over the past three days, in anticipation of the scheduled September 14 vote on a hyper-liquid stablecoin.

According to data from Arkham Intelligence, Hayes has been accumulating large amounts of ENA from Binance, Wintermute, and Galaxy Digital over several months. He now reportedly holds a total of 5 million ENA, valued at approximately ¥570 million.

This substantial acquisition was based on an ENA investment strategy Hayes announced in August. He is...

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