BitMEX co-founder Arthur Hayes is making a big bet on Ethena, scooping up $1.505 million worth of tokens as the ENA price dips. Hayes’ purchase comes via multiple transactions across major platforms, signaling potential upside in the token. This move comes on the heels of Ethena’s listing on the largest Korean exchange, Upbit. Can Hayes’ move spark a rebound in ENA’s price?
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