{"id":45999,"date":"2025-07-12T19:00:25","date_gmt":"2025-07-12T16:00:25","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=45999"},"modified":"2025-07-12T14:51:21","modified_gmt":"2025-07-12T11:51:21","slug":"arthur-hayes-ethena-altcoin-investment-upbit-listing","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/arthur-hayes-ethena-altcoin-investment-upbit-listing\/","title":{"rendered":"Arthur Hayes Makes a Move: Invests $1.5 Million in This Altcoin!\u00a0"},"content":{"rendered":"<p><span data-contrast=\"auto\">One of the leading names in the crypto world, Arthur Hayes, made a notable investment move. The <strong>BitMEX co-founder<\/strong> bought <strong>$1.505 million<\/strong> worth of <strong>Ethena (ENA) tokens<\/strong> when the price dropped to $0.22. His move came right after Upbit, Korea\u2019s largest exchange, listed ENA.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">On-chain analytics platform @EmberCN shared the data with the public. According to the report, Hayes purchased a total of <strong>4.2 million <a href=\"https:\/\/coinengineer.net\/blog\/coinbase-lists-ethena-ena-altcoin-price-surge\/\">ENA<\/a> tokens<\/strong> across multiple platforms within 24 hours.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Following Hayes&#8217; accumulation, the <strong>ENA token price<\/strong> surged to <strong>$0.33<\/strong>. This upward move sparked increased interest in the project. Hayes\u2019 similar past actions have proven impactful on the market. As a result, his recent move is seen as a signal of a potential new <strong>altcoin season<\/strong>.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-46000 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/07\/artur-hayes-ena-1024x676.jpeg\" alt=\"\" width=\"725\" height=\"479\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/07\/artur-hayes-ena-1024x676.jpeg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/07\/artur-hayes-ena-300x198.jpeg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/07\/artur-hayes-ena-768x507.jpeg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/07\/artur-hayes-ena-1536x1014.jpeg 1536w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/07\/artur-hayes-ena-2048x1352.jpeg 2048w\" sizes=\"auto, (max-width: 725px) 100vw, 725px\" \/><\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/arthur-hayes-ethena-altcoin-investment-upbit-listing\/#Hayes_Collected_ENA_Tokens_from_3_Major_Platforms\" title=\"Hayes Collected ENA Tokens from 3 Major Platforms\u00a0\">Hayes Collected ENA Tokens from 3 Major Platforms\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/arthur-hayes-ethena-altcoin-investment-upbit-listing\/#ENA_Token_Surged_After_Upbit_Listing\" title=\"ENA Token Surged After Upbit Listing\u00a0\">ENA Token Surged After Upbit Listing\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Hayes_Collected_ENA_Tokens_from_3_Major_Platforms\"><\/span><span data-contrast=\"auto\">Hayes Collected ENA Tokens from 3 Major Platforms<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Tracking Hayes\u2019 wallet activity reveals that he first sent <strong>755,000 USDC to Binance<\/strong>, where he received 2.1 million ENA. Then, he transferred <strong>248,000 USDC<\/strong> to Wintermute and received 700,000 ENA. Finally, he sent <strong>502,000 USDC to Galaxy Digital<\/strong>, acquiring another 1.4 million ENA.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">All these transactions happened in a single day. Hayes\u2019 use of multiple platforms shows strong confidence in the project and hints at a long-term investment strategy. The total purchase added up to $1.505 million.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Moreover, Hayes recently shared his expectations for a massive altcoin rally, led by <a href=\"https:\/\/coinengineer.net\/blog\/ethereum-tests-key-resistance-breakout-or-pullback-ahead\/\"><strong>Ethereum<\/strong><\/a>. His investment in ENA reflects that strategic outlook.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ENA<\/a> listed on largest Korean exchange. It&#39;s time for liftoff!<\/p>\n<p>Yachtzee \ud83d\ude0d\ud83d\ude0d\ud83d\ude0d\ud83d\ude0d\ud83d\ude0d\ud83d\ude0d\ud83d\ude0d\ud83d\ude0d <a href=\"https:\/\/t.co\/6V4FeUiYmq\">pic.twitter.com\/6V4FeUiYmq<\/a><\/p>\n<p>&mdash; Arthur Hayes (@CryptoHayes) <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/1943533954448933292?ref_src=twsrc%5Etfw\">July 11, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"ENA_Token_Surged_After_Upbit_Listing\"><\/span><span data-contrast=\"auto\">ENA Token Surged After Upbit Listing<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\"><strong>Upbit<\/strong>, South Korea\u2019s largest crypto exchange, listed <strong>ENA on KRW, BTC, and USDT<\/strong> pairs. The listing led to a 20% price increase. Hayes commented on the development on X, stating: \u201cENA listed on largest Korean exchange. It\u2019s time for liftoff!\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Furthermore, Ethena dominates the synthetic dollar market with an 81% share. According to Conor Ryder, Head of Research, the platform could potentially generate over $1 billion in revenue.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"> <em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the leading names in the crypto world, Arthur Hayes, made a notable investment move. The BitMEX co-founder bought $1.505 million worth of Ethena (ENA) tokens when the price dropped to $0.22. His move came right after Upbit, Korea\u2019s largest exchange, listed ENA.\u00a0 On-chain analytics platform @EmberCN shared the data with the public. According<\/p>\n","protected":false},"author":36,"featured_media":41100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657],"tags":[17399,20516,20525,20528,20524,20518,20523,20527,20521,20517,20520,20522,20519,20526],"class_list":["post-45999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","tag-altcoin-season-2025","tag-arthur-hayes-investment","tag-bitmex-cofounder-crypto","tag-crypto-token-listing","tag-crypto-whale-buys","tag-ena-altcoin-news","tag-ena-altcoin-pick","tag-ena-market-analysis","tag-ethena-price-surge","tag-ethena-token-price","tag-hayes-buys-ena","tag-synthetic-dollar-crypto","tag-upbit-ena-listing","tag-upbit-new-listings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arthur Hayes Makes a Move: Invests $1.5 Million in This Altcoin!\u00a0 - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Arthur Hayes invests $1.5M in Ethena (ENA) after Upbit listing. Token price surges 20% as Hayes signals strong belief in altcoin season.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/arthur-hayes-ethena-altcoin-investment-upbit-listing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arthur Hayes Makes a Move: Invests $1.5 Million in This Altcoin!\u00a0 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Arthur Hayes invests $1.5M in Ethena (ENA) after Upbit listing. 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