Arthur Hayes Adds Over $770K in LDO and ENA as Bitcoin Pulls Back from Record High

• Arthur Hayes bought $278K in LDO from Binance and $253.35K in ENA.
• Bitcoin dropped from a record $124,400 to just above $117,000 before recovering to $119,223.
• Hayes’ purchases across ETH, HYPE, ENA, LDO, PENDLE, and ETHFI which netted him an unrealized profit of $534,303.

Arthur Hayes, co-founder of BitMEX, has continued his aggressive altcoin accumulation amid the latest round of price dip. This time, he added significant amounts of Hyperliquid (HYPE), Lido DAO (LDO), and Ethena (ENA) today despite a sharp market correction. 

Blockchain data shows he purchased over $530,000 worth of HYPE tokens over the past day. He also bought $278,000 worth of LDO from Binance and another $241,500 from other sources, alongside $253,350 in ENA.

Market Swings Fail to Slow Hayes’s Accumulation

The latest buys came after a volatile 24 hours for the crypto market. Bitcoin reached a new all-time high of $124,400 on Thursday before sliding to just above $117,000 by the evening. It has since recovered slightly, trading at $119,223 at press time. Bitcoin’s volatility also impacted the altcoin market. 

Hayes’ target assets also saw swift price movements. HYPE rebounded…

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