According to Mars Finance, on August 20, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that Arthur Hayes allegedly built a position of 7.66 million BIO, valued at 1.1 million USD, about half an hour ago. Since August 10, Arthur Hayes has spent a total of 14.37 million USD to purchase 6 Ethereum ecosystem tokens, among which only PENDLE is suspected to have partially sold (the flow cannot be confirmed through market maker transactions), while the remaining tokens are still held in the portfolio.