Breaking
November 21, 2024

Arthur Hayes goes all in on PEPE after ATH | usagoldmines.com

Arthur Hayes, BitMEX founder, seems to be shifting his focus from long-term altcoin accumulation to meme coins. He recently gave a shoutout to Iggy Azalea’s MOTHER token which saw a surge of around 30% in a week. In the latest turn of events, Hayes is now heading towards PEPE after registering gains on Pendle and Aethir (ATH).

Pepe, the third biggest meme coin, saw a rapid spike as Hayes decided to go after it. PEPE price surged by over 18% in the last 24 hours. However, this week proved to be pretty good for the meme crypto category as its biggest tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) printed heavy green indexes.

Arthur Hayes bets big on PEPE

According to the data shared by Spot On Chain, Arthur Hayes turned to accumulate PEPE after ATH. He deposited 1 million USDC to the crypto exchange Binance and then withdrew back 24.39 billion PEPE (approx. worth $252K) to his wallet.

BitMEX founder even sent out a message via his X post. He wrote “It’s time for a memecoin breakout. I respect my $MOTHER, I $MOG like no one else, but I can’t neglect $PEPE.”

Pepe dealing with the heavy selling pressure recorded a major breakout on Friday as it reclaimed the crucial $0.00001062 mark. The frog-themed meme coin traded above this price level in the first week of August last time.

Pepe is trading at an average price of $0.00001061, at press time. Its 24-hour trading volume is now up by 54%, standing at $1.31 billion. The token is now up by around 37% over the last 30 days despite facing a decline of 9% over the past 90 days.

Hayes switching gears

Hayes is making the meme coin frenzy intense as he earlier withdrew 30.89 million ATH (approx. worth $1.92 million) from Bybit. This move became his largest single ATH accumulation. However, he was already on the accumulation spree. BitMEX founder had withdrawn 47.37 million ATH (approx. worth $2.94 million) from multiple exchanges at the beginning of this week.

“Another 30.89M $ATH ($1.92M) was withdrawn from Bybit to Arthur Hayes’ wallet 0xa86 ~25 minutes ago.

Notably, this is his largest single $ATH accumulation to date.

Over the past two days, Arthur Hayes has withdrawn 47.37M $ATH ($2.94M) from #Bybit, #OKX, and #KuCoin, bringing…” https://t.co/z1y7Hh3A1X pic.twitter.com/YsqEoa7x07

— Spot On Chain (@spotonchain) September 24, 2024

He was dealing with PENDLE before jumping into the ATH buying spree. However, he moved 1.59 million Pendle (approx. worth $5.61 million) to Binance and Bybit just to make a shift over ATH.

However, he also showed his interest in Iggy Azalea’s memecoin, MOTHER, citing favorable macroeconomic conditions. Hayes cheekily posted, “Iggy Azalea, can you be my $MOTHER?”

 

Recent:

SEC Chair Gary Gensler to Step Down on January 20, 2025 Hassan Shittu | usagoldmines.com
Trump Considers Chris Giancarlo for First-Ever White House Crypto Czar Role Hongji Feng | usagoldmin...
Mastercard, J.P. Morgan Join Forces for Seamless Global Blockchain Payments Veronika Rinecker | usag...
Galaxy Digital CEO Mike Novogratz says Bitcoin reaching $100,000 is ‘just the start’ Gino Matos | us...
FTX finalizes Chapter 11 plan, distributions expected by January 2025 Jai Hamid | usagoldmines.com
As Bitcoin Nears $100,000, What’s Satoshi Nakamoto’s Net Worth? Arnold Kirimi | usagoldmines.com
Ethereum ETFs See Best Week Since Launch — Colossal Ether Bull Run Ahead? Muthoni Mary Kiama | usago...
Face-Melting XRP Rally Incoming? Crypto Nemesis Gary Gensler To Resign When Trump Assumes Office Bre...
MARA Completes $1 Billion Convertible Note Sale to Fund Bitcoin Acquisition Hongji Feng | usagoldmin...
Donald Trump Narrows Treasury Secretary Selection As He Meets With Billionaire Marc Rowan Julia Smit...
Former CSRC director Yao Qian implicated in cryptocurrency bribery scandal Brenda Kanana | usagoldmi...
Bitcoin Barrels Close To $98,000—Is The $100K Barrier Next? Christian Encila | usagoldmines.com
Trump eyeing former CFTC chair Chris Giancarlo for White House ‘crypto czar’ role Assad Jafri | usag...
Bitwise Registers Solana ETF in Delaware, Seeks SEC Approval Victor | usagoldmines.com
Coinbase Wallet Lets You Earn 4.7% APY on USDC Victor | usagoldmines.com
Trump Picks Crypto Ally Lutnick for Commerce Secretary Lawrence Mike Woriji | usagoldmines.com
Baidu experiences worst quarter sales decline in two years Enacy Mapakame | usagoldmines.com
SEC edges closer to Solana ETF approval amid political shifts Nellius Irene | usagoldmines.com
Former CFTC Chair Chris Giancarlo is Trump’s top pick for Crypto Czar Jai Hamid | usagoldmines.com
Meme coin searches reach a peak, hint at mainstream interest Hristina Vasileva | usagoldmines.com
Bitcoin Open Interest Hits ATH As BTC Nears $100K – What To Expect? Sebastian Villafuerte | usagoldm...
Trump’s Crypto Advisory Council to setup promised Strategic Bitcoin Reserve – Report Gino Matos | us...
Anthropic CEO encourages caution about the safety of AI models Shummas Humayun | usagoldmines.com
Elden Ring hits $20 for Black Friday Noor Bazmi | usagoldmines.com
Nvidia’s NVDA makes a new record high as stocks revive, Bitcoin tops $98,000 Jai Hamid | usagoldmine...
SUI network stalled block production for two hours Hristina Vasileva | usagoldmines.com
Microsoft Xbox Cloud Gaming enables streaming five years later Collins J. Okoth | usagoldmines.com
Huawei targets to mass produce Ascend 910C in Q1 2025 amid US sanctions Enacy Mapakame | usagoldmine...
Galaxy Digital CEO Mike Novogratz warns of Bitcoin correction soon, says market is overleveraged Jai...
Bitcoin whale MicroStrategy sees its stock plunge after Citron bets against it Jai Hamid | usagoldmi...
Elon Musk sets a Diablo 4 global record Noor Bazmi | usagoldmines.com
Ripple CLO urges new SEC leadership to “end all non-fraud crypto litigation on day 1” Brenda Kanana ...
SEC Chair Gary Gensler says he’ll step down on January 20th Jai Hamid | usagoldmines.com
Bitcoin Price Cements New All-Time High Above $98,000 As Traders Eye Landmark Six-Figure Price Brend...
White House Crypto Role Under Discussion as Bitcoin Hits $98,000 All-Time High Arnold Kirimi | usago...
MicroStrategy Ups Latest Convertible Note Offering To $2.6 Billion For Additional Bitcoin Purchases ...
Charles Hoskinson Eyes XRP Collaboration: DeFi, Stablecoins, and Midnight Integration in Focus Newto...
FTX Provides Details On $16 Billion Distribution Timeline For Customers And Creditors Ronaldo Marque...
SEC Chair Gary Gensler to step down on Jan. 20 Gino Matos | usagoldmines.com
TikTok Meme Coins The New Craze? Teenager Launches $QUANT On Stream and Goes Viral Sam Cooling | usa...
Two More Suspects Arrested in Crypto Influencer Murder Case Jimmy Aki | usagoldmines.com
ECB Pushes for Digital Euro Launch to Keep Pace with Global CBDC Race Jimmy Aki | usagoldmines.com
Best Crypto to Buy Now November 21 – FLOKI, RAY, FIL Jimmy Aki | usagoldmines.com
Bitcoin Price Almost Hits $98,000: Key Reasons Behind The Rally Jake Simmons | usagoldmines.com
Analyst Reveals When The Ethereum Price Will Reach A New ATH, It’s Closer Than You Think Scott Mathe...
CFPB spares self-hosted crypto wallets from new fintech regulations Assad Jafri | usagoldmines.com
MicroStrategy Bitcoin Bet Wreaks Havoc on Wall Street, MSTR Becomes Second Most Traded Stock After N...
U.S. Prosecutors Charge Five in $11M Crypto Theft and Hacking Scheme Ruholamin Haqshanas | usagoldmi...
Bitcoin Smashes Through $97,000 As Trump Team Signals At Firs-Ever White House Crypto Role Arslan Bu...
Reddit’s r/cryptocurrency Launches On-chain Domain for 9 Million Users Sead Fadilpašić | usagoldmine...
Bitcoin Nears 100K, Pushing ETH-to-BTC Ratio to March 2021 Low Veronika Rinecker | usagoldmines.com
Popcat Price Dips, New Meme Coin Launch Catslap Goes Viral: Best Crypto to Buy Now? Gary McFarlane |...
Is Bitcoin Cash Joining the Rally? BCH Price Up 17% In A Day Tim Hakki | usagoldmines.com
SEC closes BitClave chapter, distributes $4.6M to victims Ashish Kumar | usagoldmines.com
Chill Guy (CHILLGUY) takes over DEX trading despite copyright warnings from the author of the token’...
North Korea’s Lazarus Group steals 342,000 ETH from Upbit, South Korea’s Police confirm Florence Muc...
Marathon Digital raises $1B to buy Bitcoin Collins J. Okoth | usagoldmines.com
Peter Schiff : ‘Clearly I wish I bought Bitcoin’ Collins J. Okoth | usagoldmines.com
JP Morgan and Mastercard team up to bring foreign exchange on blockchain Noor Bazmi | usagoldmines.c...
Whale Alert: $2 Million PEPE Purchase Sees 105 Billion Tokens Snapped Up Christian Encila | usagoldm...
Polygon’s Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown Oluwap...
Michael Saylor loses voting rights at MicroStrategy – Will it affect Bitcoin? Florence Muchai | usag...
XRP Binance Inflows Spike: What It Means For Price Keshav Verma | usagoldmines.com
South Korea links major crypto heist to North Korea, recovers Bitcoin Oluwapelumi Adejumo | usagoldm...
Cryptocurrency clarified to be personal property in China, remains barred for businesses Oluwapelumi...
OpenAI accidentally deletes potential evidence crucial to its copyright lawsuit with the NY Times Co...
U.S founders responsible for nearly 50% of all crypto scam projects Collins J. Okoth | usagoldmines....
DEX activity on Solana is catching up with Ethereum Hristina Vasileva | usagoldmines.com
CZ Warns Crypto Community of macOS and iPhone Exploit Targeting Users Hassan Shittu | usagoldmines.c...
U.S. Bitcoin ETFs Surpass $100 Billion in Assets Amid BTC Rally Ruholamin Haqshanas | usagoldmines.c...
WisdomTree Launches Low-Cost XRP ETP on European Exchanges Tanzeel Akhtar | usagoldmines.com
Breaking: Sui Network Crashes for Over an Hour, Block Production Halted Hassan Shittu | usagoldmines...
Why is Ethereum Slacking This Bull Run? Could ETH Price Have a Breakout Moment Before End of 2024? S...
Just a Chill Guy Character Creator Moves to Enforce Copyright as $CHILLGUY Meme Coin Explodes Ruhola...
Bitfinex Hackers Saga: Netflix Doc Coming Soon, Laptop Now in the Smithsonian Sead Fadilpašić | usag...
Can Toncoin Overtake Shiba Inu? $TON Price Spikes, Market Cap Just Millions Away from $SHIB Tim Hakk...
Crypto Community’s Revenge: Solana Memecoin Rug-Pulled By Gen Z Trader Hits $80 Million Market Cap R...
SUI Price Crashes 10% As Blockchain Goes Dark, Halting Block Production Jake Simmons | usagoldmines....
Cardano Outperforms Market With 50% Surge: Here’s Why Keshav Verma | usagoldmines.com
Cardano’s Charles Hoskinson nominates Coinbase’s Brian Armstrong for Donald Trump’s crypto czar Oluw...
Sui network outage triggers 7% price drop despite broader bull market Oluwapelumi Adejumo | usagoldm...
Cardano (ADA) Price Soars as Whale Activity Surges Victor | usagoldmines.com
South Korea Names North Korea as Culprit Behind $41M Upbit Hack Ruholamin Haqshanas | usagoldmines.c...
Bitwise registers Solana Trust signalling future SEC application for SOL spot ETF Oluwapelumi Adejum...
Crypto Hack Alert: $640 Million Lost in Centralized Exchange Attacks Sohrab Khawas | usagoldmines.co...
The 2019 Upbit Hack Finally Solved: Shocking Details Vijay Gir | usagoldmines.com
XRP News: Will the XRP Price Hit $1.96 by November 24? Vignesh S G | usagoldmines.com
Traders Taking Big Leverage To Chase Huge Gain As Bitcoin Nearing $100K Mark Mustafa Mulla | usagold...
Bitcoin Bull Run Boosts ETF Inflows to $773M Amid Historic $97K Rally Qadir AK | usagoldmines.com
MoonPay Hits New High for Solana Transactions Victor | usagoldmines.com
Messari Unveils The Solana Portal Victor | usagoldmines.com
Justin Sun is ‘thrilled’ to buy a banana taped to a wall for $6.2 million, but why? Shraddha Sharma ...
Putin Wants Russian Regions With Excess Power to Mine Crypto Tim Alper | usagoldmines.com
Bitcoin Smashes $95K as Trump’s Crypto Policy Begins to Take Shape, Meme Coins Fall Across the Board...
SEC Returns $4.6M to Investors in Ethereum-Based BitClave ICO Shalini Nagarajan | usagoldmines.com
Bitwise Asset Management Takes Step Towards Solana ETF with Trust Entity Filing Ruholamin Haqshanas ...
Layer-1 Cryptos See Price Surge After US Election: CryptoQuant Tanzeel Akhtar | usagoldmines.com
Bitcoin Price Surges: Hits $97,900 All-Time High, Eyes $100,000 Target Arslan Butt | usagoldmines.co...
Tron Founder Justin Sun Splurges $6 Million on a Banana at Art Auction Shalini Nagarajan | usagoldmi...
Crypto Scammer Claims Earning Five Figures Weekly by Impersonating Coinbase Support Ruholamin Haqsha...

By

Leave a Reply