Arthur Hayes Steps Up Purchases of This Altcoin, Investing $2 Million Over the Past Five Days!

cryptonews.ruPublished on 2026-08-06Last updated on 2026-08-06

Abstract

Arthur Hayes, the founder of BitMEX, has significantly increased his investment in $ENA, the native token of the Ethena ecosystem, by purchasing approximately 2 million dollars' worth over the past five days. His most recent transaction involved acquiring 10.9 million $ENA tokens, valued at around $985,000, bringing his total recent purchases to 22.64 million tokens. This buying activity has drawn renewed investor attention to Ethereum-based projects and the DeFi sector. Hayes is known for his macroeconomic analyses and positive outlook on the crypto market. His substantial investment in $ENA is being interpreted as a sign of his confidence in the long-term prospects of Ethereum and specific DeFi projects. Ethena is noted for developing synthetic dollar products on the blockchain, with its $ENA token used for governance and within its ecosystem. While such large-scale purchases by prominent figures are seen as a key market indicator, experts caution that they alone are insufficient to drive price increases. Multiple factors, including overall market conditions, liquidity, investor demand, and macroeconomic events, continue to influence price movements. Analysts suggest Hayes's actions may reflect sustained interest from institutional and large investors in Ethena, but they emphasize that investment decisions should not rely solely on whale activity. A thorough evaluation of a project's fundamentals, utility, and broader market trends remains essential.

Arthur Hayes, founder of BitMEX and a figure closely watched in the cryptocurrency market, continues to increase his purchases of $ENA, the native token of the Ethereum ecosystem. According to data provided by the blockchain data analysis platform Lookonchain, in his latest transaction, Hayes acquired another 10.9 million $ENA, amounting to approximately $985,000.

According to the data, the total number of $ENA tokens acquired by Hayes over the past five days has reached 22.64 million. The total cost of these purchases is estimated at around $2 million. These substantial purchases have once again drawn investor attention to the Ethena project, as well as intensified scrutiny of prominent market figures increasing their holdings of specific altcoins.

Arthur Hayes is known for his frequent macroeconomic analyses and forecasts regarding the cryptocurrency market. Recently, his positive assessments of the Ethereum ecosystem and decentralized finance (DeFi) projects, along with his increased investment in $ENA, have led to new interpretations of his long-term market outlook.

Ethena is among the projects developing financial products based on blockchain, notable particularly for its synthetic dollar solutions. Its token $ENA is used in the platform's governance mechanism and various functions within the ecosystem. The recent surge of interest in the DeFi sector has prompted investors to pay closer attention to projects like Ethena.

However, experts emphasize that purchases by major investors alone are not sufficient to drive prices higher. While trades by large investors, known as "whales," serve as an important market indicator, price movements are still influenced by a variety of factors, including overall market conditions, liquidity, investor demand, and macroeconomic events.

Analysts note that Hayes' purchases of $ENA, amounting to $2 million over the past five days, may indicate sustained interest from institutional and large-scale investors in the Ethena ecosystem. However, they stress that investment decisions should not be based solely on the activity of large investors, and that careful consideration of a project's fundamentals, use cases, and overall market dynamics is also necessary.

*This is not investment advice.

end-content

Moscow Exchange to Launch Its Own Digital Depository for Cryptocurrencies

Moscow Exchange is preparing to launch its own digital depository for cryptocurrency operations, independent from the National Settlement Depository, with a planned launch by late 2026 or early 2027. Several liquidity hubs are emerging, and brokers will choose between connecting to this new depository or developing their own infrastructure. The Bank of Russia has published draft requirements for digital depositories, outlining a structure similar to securities depositories and establishing minimum capital levels: 50 million rubles for basic asset accounting, 100 million for managing blockchain addresses/foreign custodian accounts, and 250 million for a settlement depository. Several major financial institutions are building their own infrastructure. Sberbank aims to launch its depository and trading platform by December 1, 2026. Alfa-Bank has begun test trading and plans a full launch and its own depository in Q4. VTB and the T-Technologies Group (using the "Atomize" platform) are also developing depositories, while SPB Exchange is ready to start operations once regulations are in place. The law "On Digital Currency and Digital Rights" comes into force on September 1, 2026, with a transition period until July 1, 2027. This sets the stage for a market with multiple independent depository infrastructures competing for licenses, creating a distributed architecture. This model spreads risk but may complicate client asset transfers, contrasting with the centralized approach seen in Kazakhstan where the National Bank acts as the primary market arbiter.

cryptonews.ru3m ago

Moscow Exchange to Launch Its Own Digital Depository for Cryptocurrencies

cryptonews.ru3m ago

RWAs buck DeFi slowdown as tokenized assets gain traction: CoinShares

Despite a broader slowdown in decentralized finance (DeFi), tokenized real-world assets (RWAs) are gaining significant traction, with deposits on DeFi platforms more than tripling year-over-year to $7.4 billion in Q2 2026, according to a CoinShares and Token Terminal report. This growth, occurring while overall DeFi deposits fell 15%, suggests demand is driven by financial utility rather than market cycles. Yield-bearing stablecoins and tokenized Treasuries like BlackRock's BUIDL fund are leading RWA deposits, offering yields from 3.2% to 5.5%. Gold-backed tokens and yield-bearing dollar products drove most RWA spot trading on decentralized exchanges, with volumes rising 220% year-over-year against a 70% overall DEX decline. RWA activity is also expanding into leveraged derivatives markets, with perpetual futures trading growing, particularly for commodities, equity indexes, and tech stocks.

cointelegraph3m ago

RWAs buck DeFi slowdown as tokenized assets gain traction: CoinShares

cointelegraph3m ago

Yen stablecoin issuer JPYC’s Series B reaches $38M

Japanese yen stablecoin issuer JPYC has raised an additional 1 billion yen, bringing its Series B funding round total to approximately 6 billion yen ($38 million). The extension includes logistics group AZ-COM Maruwa Holdings as a new investor, though the exact investment amount was not disclosed. JPYC intends to use the funds to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged stablecoin. AZ-COM is reportedly exploring using the stablecoin for payments to its delivery partners. The partnership aims to integrate commercial, logistics, and payment flows through onchain finance.

cointelegraph48m ago

Yen stablecoin issuer JPYC’s Series B reaches $38M

cointelegraph48m ago

AI Takes Over the Lab? Latest Research from USTC Puts It to the Test in the Real Physical World

This study from the University of Science and Technology of China presents a real-world stress test for AI in scientific research. Researchers developed a machine-readable, modular laboratory for catalysis, consisting of 45 automated workstations. They evaluated 48 configurations combining 6 agent frameworks and 9 large language models (LLMs) across 32 expert-defined research tasks, conducting 4,608 tests. The key findings reveal a significant gap between AI's planning ability and reliable physical execution. Only 3.3% of all generated workflows (151 out of 4,608) could be executed without human correction. The best-performing agent/LLM combination achieved a 28.1% success rate. In a five-round closed-loop experiment, the AI could adjust local parameters based on results but failed at higher-level scientific replanning, such as redesigning analytical methods or correcting persistent critical omissions. Maintaining logical integrity for long-sequence workflows (over 30 steps) also proved challenging. The research distinguishes three often-conflated AI capabilities: generating plausible experimental plans, creating physically executable workflows, and performing evidence-driven strategic replanning. Results show the first does not guarantee the second, and parameter tuning is not equivalent to scientific reasoning. The platform serves as both a "testing ground" to quantify AI's scientific aptitude and a potential "training ground." By forming a "plan-execute-feedback-replan" loop with real-world feedback, it can expose AI shortcomings and generate data for iterative improvement, moving toward true end-to-end autonomous discovery.

marsbit1h ago

AI Takes Over the Lab? Latest Research from USTC Puts It to the Test in the Real Physical World

marsbit1h ago

Token Plummets 99% and Founder Faces Charges: NFT Startup Few and Far Costs Investors $10 Million

U.S. prosecutors have charged Taj Tarsha, 34, founder of NFT startup Few and Far, with securities fraud and wire fraud. He is accused of raising over $10 million from at least 67 investors via Simple Agreements for Future Tokens (SAFT) for the FAR token, meant to power an NFT marketplace on NEAR Protocol. Instead of developing the project, Tarsha allegedly misused investor funds for online gambling, cryptocurrency speculation, personal expenses including a Miami condominium loan, interior design, and his DJ hobby. An audit in June 2023 revealed the misappropriation. Despite this, Tarsha allegedly continued the deception for about another year, dismissing staff while creating an appearance of ongoing work. When the FAR token launched in May 2024 at approximately $0.13, it crashed by over 99% almost immediately and ceased trading. Arrested on June 6, 2026, Tarsha faces up to 20 years imprisonment per charge. The case highlights a recurring pattern in the NFT industry and raises questions about the SAFT mechanism's lack of oversight before a token's listing.

cryptonews.ru1h ago

Token Plummets 99% and Founder Faces Charges: NFT Startup Few and Far Costs Investors $10 Million

cryptonews.ru1h ago

Trading

Spot