BitMEX co-founder Arthur Hayes is back in the Ethena Labs (ENA) game, according to data from Lookonchain. An address believed to be controlled by Hayes purchased 873,671 ENA tokens, valued at approximately $245,000, at an average price of $0.281. This move comes just two weeks after Hayes reportedly sold 5.02 million ENA tokens for $1.38 million at $0.275. The recent purchase suggests a renewed confidence in ENA or a strategic play to capitalize on market fluctuations. Ethena Labs aims to provide a crypto-native yield dollar, with ENA serving as its governance token. Hayes' investment is likely to draw further attention to the project and its potential. ```