Arthur Hayes has sold $49.24 million worth of altcoins

According to Onchain Lens monitoring data from October 26, Arthur Hayes has received a cumulative total of $49.24 million in USDC following his recent token sales. All funds originated from trading firms and cryptocurrency exchanges, with Galaxy Digital most recently transferring $23.07 million in USDC to his address. Earlier, Arthur Hayes publicly stated that he had fully liquidated all directional trading positions and would step aside temporarily to observe the market—only re-entering once clear signals emerge indicating that risks have subsided.