Former BitMEX CEO Arthur Hayes, known for his bold statements and analyses on Bitcoin (BTC) and cryptocurrencies, has made a significant new investment in an altcoin. Hayes, who often shares his investment activities, recently acquired $9.4 million worth of the altcoin he previously invested in. This latest purchase amounted to 1.55 million PENDLE at a value of $9.41 million. With this acquisition, Hayes now holds 1.69 million PENDLE, valued at $10.26 million, with an average purchase price of $2.24. His unrealized profit on PENDLE stands at $6.46 million. Prior to this transaction, Hayes had invested $500,000 in PENDLE. The current trading price for PENDLE is $5.96. This move reflects Hayes' continued interest and confidence in the altcoin market.