Arthur Hayes, co-founder of BitMEX, has once again captured the interest of investors by executing a buyback of $ENA tokens for $1.75 million.
Sale of $ENA Tokens
Two weeks ago, Arthur Hayes sold 7.76 million $ENA tokens at an average price of $0.595, securing a profit of $1.65 million. The total sale amount reached $4.62 million.
Hayes’ Return to the Market
Hayes has now re-entered the market by repurchasing 2.14 million $ENA tokens, spending $1.75 million at an average price of $0.816 per token, higher than his initial sale price. This move has sparked discussions among traders.
Impact on $ENA Investors
For retail investors and crypto enthusiasts, Hayes’ actions may serve as a significant signal. While his trading decisions might influence market sentiment, investors should always remember to conduct their own research.
Arthur Hayes’ re-entry into $ENA raises questions about his long-term confidence in the token, and this observation may affect other market participants.
