Overview
- Lookonchain reports Hayes deposited 682 ETH, worth about $2 million, to Binance for sale on Tuesday.
- His weeklong ETH reduction now totals 1,871 ETH valued near $5.53 million, based on on-chain tallies.
- During the same period he bought roughly 1.22 million ENA, 137,117 PENDLE, and 132,730 ETHFI, a combined outlay of about $609,000.
- Recent flows include 508.6 ETH sent to a Galaxy Digital address often used for OTC activity, while Arkham shows his USDC balance rising to roughly $48 million, about 60% of a $74 million portfolio.
- Hayes has said he is trimming ETH in favor of DeFi tokens he expects to benefit from improving liquidity, following a weekend swap of 680 ETH for 1.2 million ENA.