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5 months ago

Arthur Hayes-linked wallet bags $2M worth of AAVE and LDO in an OTC deal

A wallet possibly associated with Arthur Hayes, a co-founder of BitMEX, received $2.05 million worth of AAVE and LDO tokens. The tokens, consisting of 3,033 AAVE and 1.1253 million LDO, were sent by Flowdesk, suggesting a private, over-the-counter (OTC) transaction. This type of transaction is often used for large purchases to avoid impacting market prices and maintain privacy. AAVE is trading around $325, with analysts predicting potential increases to $628 and even $1,200, while LDO is trading near $0.9435 and could see gains up to $1.4, according to analysts.

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