Key Takeaways
- Arthur Hayes bought roughly 1.9 million LDO, spending greater than $1 million.
- He additionally added about $973,000 price of PENDLE, increasing his place.
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BitMEX co-founder Arthur Hayes is ramping up his DeFi wager. The analyst on Friday acquired about 1.9 million Lido DAO (LDO) tokens for over $1 million, in line with information tracked by Lookonchain.
Arthur Hayes(@CryptoHayes) simply purchased 1.855M $LDO($1.03M).https://t.co/loeYKUb9rNhttps://t.co/NISCOnoO3T pic.twitter.com/773lJ85IgO
— Lookonchain (@lookonchain) December 26, 2025
LDO is the governance token for Lido DAO, the group behind Lido Finance, one of many largest liquid staking protocols in crypto. The token is buying and selling at round $0.56 on the time of reporting, up almost 2% within the final 24 hours, per CoinGecko.
Hayes additionally elevated its Pendle publicity, buying $973,000 price of PENDLE tokens.
The brand new purchases come after Hayes bought a part of his Ethereum stash and scooped up extra DeFi tokens, together with PENDLE, Ethena (ENA), and Ether.fi (ETHFI), for $609,000 earlier this week.
In a latest assertion, he stated that high-quality DeFi tokens may very well be the primary beneficiaries of improved liquidity circumstances.