Arthur Hayes is reshuffling his portfolio again.
Over the latest round of transactions, Arthur Hayes (@CryptoHayes) sold 6.16M $SYN , worth around $658K, and rotated part of the proceeds into 3.05M $ENA , valued at approximately $248K.
Rather than exiting the market entirely, Hayes appears to be reducing his SYN exposure while increasing his position in ENA, signaling another shift in his on-chain portfolio.
{future}(ENAUSDT)
{future}(SYNUSDT)
Remember how, just a month ago, a crypto "genius" with a million-strong audience was buying SYN and telling everyone what an amazing project it was? (By the way, SYN is still under Binance's Monitoring Tag!) Back then, he bought $2.2 million worth of SYN.
Today, for some reason, he panicked and moved all of his SYN tokens to another wallet. The only problem is that they're now worth just $657,000.
This is yet another clear reminder: never blindly follow anyone's signals.
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