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Arthur Hayes moves $3m in USDC to Flowdesk and Galaxy Digital

NewsFeeds update

Arthur Hayes (@CryptoHayes) sent $3m in USDC to the OTC platforms Flowdesk and Galaxy Digital, on-chain analyst Yu Jin reported. About a fortnight earlier Hayes sold at least $49.3m of altcoins, saying he would buy back once prices fell far enough; those tokens have since dropped 15% to 30%.

StablecoinsPANewsAIBullish

Read the original on PANews

The story so far: Arthur Hayes moves 8,012 ETH

Onchain Lens monitoring shows Arthur Hayes transferred 8,012 ETH, worth about $19.4m, to a new wallet, later receiving about $11.7m in USDC from Galaxy Digital and Flowdesk. He has now sent another $3m in USDC to the two OTC platforms, after selling at least $49.3m of altcoins about a fortnight earlier.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Arthur Hayes moves 8,012 ETH to a new wallet, Onchain Lens says

  2. Arthur Hayes sends 8,012 ETH worth $19.4m to a new wallet, Onchain Lens says

  3. Arthur Hayes moves $18.7m in ETH and receives $11.7m in USDC, on-chain tracker says

  4. Arthur Hayes receives $49.2m in USDC after recent token sales, on-chain data shows

  5. Arthur Hayes moves $3m in USDC to Flowdesk and Galaxy Digital

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Every Stablecoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.