Arthur Hayes routes ~$2.5M in ETH and tokens to Flowdesk/FalconX/Wintermute; some assets reportedly sold — EmberCN asks if he’s buying ZEC
first published 2025-11-16T16:15:00Z
Blockchain analyst EmberCN tracked roughly $2.45–$2.5M moved from Arthur Hayes’ wallet to institutional trading desks (Flowdesk, FalconX, Wintermute). Initial transfers included 520 ETH (~$1.66M), 2.624M ENA (~$730k) and 132,000 ETHFI (~$120k). Follow-up moves reportedly sold 260 ETH (~$820k), 2.40M ENA (~$657k), 640k LDO (~$480k), 1,630 AAVE (~$290k) and 28,670 UNI (~$211k). EmberCN asked whether Hayes is converting proceeds to ZEC, noting Hayes has publicly increased his Zcash position and promoted ZEC as “Bitcoin with full privacy.”
AI Analysis
Facts: EmberCN traced ~$2.45–$2.5M of transfers from Hayes’ wallet to Flowdesk, FalconX and Wintermute including specific token/ETH amounts; reported follow‑up sales of ETH, ENA, LDO, AAVE and UNI; EmberCN speculated these moves might be converted to ZEC and cited Hayes’ public statements increasing his Zcash position and calling ZEC “Bitcoin with full privacy.”
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
