Arthur Hayes Buys $1.42M in ENA, PENDLE, and ETHFI: Altcoin Portfolio Expansion

Crypto
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author: CryptoNews

date: November 27, 2025

1 min. read

Arthur Hayes, co-founder of BitMEX, has made significant additions to his altcoin portfolio, withdrawing a total of $1.42 million worth of ENA, PENDLE, and ETHFI from Cumberland, a cryptocurrency market making firm. According to onchain data reported by Onchainlens, the address, strongly suspected to belong to Hayes, acquired 2.1 million ENA (valued at $571,600), 218,000 PENDLE ($589,800), and 330,000 ETHFI ($257,400). This latest move signals a continued interest and investment in decentralized finance (DeFi) and related projects. The specific reasons for Hayes' renewed interest in these altcoins remain unknown, but the substantial investment suggests a bullish outlook. It remains to be seen how these assets will perform in the coming weeks and months, and if this signals a broader trend among institutional investors. ```