Overview
- On December 19, on-chain data from Arkham and Lookonchain showed 508.647 ETH—about $1.5 million—moving from a Hayes-labeled wallet (0x6cd) directly to a Galaxy Digital address.
- Transfers to Galaxy Digital are often associated with OTC liquidity or private execution, which analysts note does not necessarily indicate an immediate sale.
- Arkham reported that within 24 hours Hayes received $2.17 million in USDC from FalconX and later routed portions of that stablecoin to Binance and other addresses.
- CoinCentral cites Arkham showing Hayes still holds about 4,522 ETH and roughly $77.6 million in on-chain assets spanning stablecoins, staked ETH, and DeFi tokens.
- Daily Hodl, citing Lookonchain, reports Hayes shifted roughly $3.53 million in ETH over just more than a day and bought about 1.22 million ENA for roughly $257,000, aligning with his stated rotation into select DeFi names.