Arthur Hayes says he took profits across Maelstrom’s directional book and is moving to the sidelines because macro and geopolitical conditions look risky, pending an “all clear” signal (his post). Lookonchain reports $22.28M in outflows, led by 6,400 ETH ($15.2M), alongside ENA, UNI, ETHFI, AERO, PENDLE and ZAMA (report).

$ETH

Arthur Hayes says he took profits across Maelstrom’s directional book and is moving to the sidelines because macro and geopolitical conditions look risky, pending an “all clear” signal (his post). Lookonchain reports $22.28M in outflows, led by 6,400 ETH ($15.2M), alongside ENA, UNI, ETHFI, AERO, PENDLE and ZAMA (report).

On-chain records show the attributed Ethereum wallet sending assets to several receiving addresses. Some ETH transfers were split into repeated 1,600 and 3,200 ETH tranches; other destinations include addresses with no identified Arkham entity. The transfers support that assets left the wallet, but do not by themselves show who bought them.

The sources do not establish whether the tokens were sold through exchanges, OTC desks, or another route, or where the proceeds ultimately went. Hayes’s statement that he is “going to sit on the sidelines” describes his stated intent, not a verified destination for the funds.

Ask your own