On-chain analyst AmberCN reported that BitMEX founder Arthur Hayes' estimated address sent 41 million ATH (worth $2.18 million) to Bibox and OKX one hour ago via X. This address purchased 116 million ATH (worth $7.62 million at the time) in September when the average price was $0.065. If the deposited funds were sold, a loss of $490,000 would be expected. However, Hayes' intentions remain unknown, and this could be a strategic move or a sign of impending market action.