Arthur Hayes Allegedly Long 7.66M BIO Tokens, Worth $1.1M
By: theblockbeats.news|2025/08/20 12:11:56
BlockBeats News, August 20th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), Arthur Hayes reportedly opened a position half an hour ago, buying 7.66 million BIO tokens worth $1.1 million.
Since August 10th, Arthur Hayes has already spent $14.37 million to acquire six Ethereum ecosystem tokens, with only PENDLE being partially sold (the destination of the sale could not be confirmed through the use of AMM trades), while the rest of the tokens remain in his holdings.
A trader entered a long position with 25x leverage on ETH at $4,087.9, with a current unrealized profit of approximately $283,000.
In the past 24 hours, Letsbonk has only minted 1 new token, causing its market share to shrink to 1%.
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