Arthur Hayes Rotates Out of ETH, Deploys Over $6M Into Pendle, Lido, ENA and ETHFI

On December 31, Lookonchain reported that former BitMEX CEO Arthur Hayes sold 1,871 ETH over the past two weeks and redeployed more than $6 million into Pendle, Lido, Ethena, and Ether.fi. Follow-up data showed additional buys of 4.86 million ENA (about $986,000) and 697,851 ETHFI (nearly $485,000), aligning with his stated rotation from ETH into DeFi.