Arthur Hayes sells $5.53M ETH to purchase DeFi tokens, with PENDLE main his portfolio, signaling confidence within the DeFi market’s outlook.
Arthur Hayes, the co-founder of BitMEX, made headlines with a big Ethereum sell-off and a shift in direction of DeFi tokens.
Hayes bought 1,871 ETH, price about $5.53 million, and reinvested these funds into a number of DeFi tokens. This transfer alerts his confidence within the decentralized finance sector, regardless of ongoing challenges with Ethereum. His actions have sparked curiosity amongst traders, showcasing his technique to diversify his portfolio.
Ethereum Promote-Off and Transfer to DeFi Tokens
Arthur Hayes lately liquidated a portion of his Ethereum holdings, totaling 1,871 ETH.
The funds, amounting to $5.53 million, had been used to purchase DeFi tokens. Hayes’ major purchases included tokens like PENDLE, LDO, ENA, and ETHFI. This shift in funding focus means that Hayes sees extra potential in DeFi tasks than in Ethereum in the meanwhile.
PENDLE, particularly, acquired a good portion of Hayes’ funds.
He purchased 961,113 PENDLE tokens, valued at $1.75 million. This transfer displays his confidence in the way forward for decentralized finance platforms and tokenized belongings.
Arthur Hayes(@CryptoHayes) simply purchased extra DeFi tokens.
Over the previous 2 weeks, he bought 1,871 $ETH($5.53M) after which purchased:
961,113 $PENDLE($1.75M)
2.3M $LDO($1.29M)
6.05M $ENA($1.24M)
491,401 $ETHFI($343K)https://t.co/loeYKUb9rN pic.twitter.com/xTxyx34SXk— Lookonchain (@lookonchain) December 31, 2025
By reallocating his funds from Ethereum to DeFi belongings, Hayes is adapting to altering market situations. T
he Ethereum market has confronted stress, main traders to discover different alternatives within the crypto area. Hayes’ determination may affect different traders to think about DeFi as a extra promising space for progress.
Dominance of PENDLE in Hayes’ Portfolio
PENDLE has rapidly develop into probably the most vital asset in Arthur Hayes’ portfolio.
After his current buy, PENDLE accounts for practically half of his DeFi holdings. Hayes’ sturdy place in PENDLE highlights his perception within the token’s worth throughout the DeFi ecosystem.
The PENDLE token permits customers to tokenize yield-bearing belongings, a rising development in decentralized finance. By investing closely in PENDLE, Hayes seems to be betting on this development persevering with to realize momentum.
His massive allocation suggests he expects sturdy progress from PENDLE sooner or later.
The dominance of PENDLE in Hayes’ portfolio could sign a broader shift in investor sentiment. As DeFi platforms increase, tokens like PENDLE may develop into extra priceless.
Hayes appears to be positioning himself to learn from this rising development.
Associated Studying: Arthur Hayes Sees Zcash Rally Towards $1,000 as Privateness Narrative Strengthens
Ethereum’s Decline and Its Affect on the Market
The rising stress on Ethereum worth has raised issues throughout the crypto neighborhood.
Regardless of being one of many largest cryptocurrencies, Ethereum has confronted difficulties sustaining its worth ranges. With ETH hovering beneath $3,000, the market is experiencing a downturn.
Arthur Hayes’ determination to promote ETH and spend money on DeFi tokens displays this shifting sentiment. It means that some traders now not see Ethereum as one of the best guess for future progress.
The growing promoting stress on Ethereum could result in a continued decline in its market dominance.
As extra funds transfer into DeFi tokens, Ethereum may face additional challenges. Traders are diversifying into belongings with potential for larger returns.
If this development continues, Ethereum could battle to take care of its earlier market share in opposition to the rise of decentralized finance platforms.