Lookonchain: BitMEX Lianchuang lost over US$6 million due to trading LOOKS, ENS, and FXS

Arthur Hayes, co-founder of BitMEX, recently sold all of his LOOKS and some ENS tokens at a loss. He previously bought 15.5 million LOOKS (approximately $4.5 million) from Uniswap and FTX at an average price of $0.29, and sold them yesterday, losing $2.87 million (-64%).

Arthur Hayes previously bought 239,628 ENS tokens (approximately $4.3 million) from CEX at an average price of $18, and sold 24,000 ENS tokens (approximately $205,000) yesterday, leaving 215,628 ENS tokens (approximately $1.85 million), with a total loss of approximately $2.27 million.

Arthur Hayes also suffered losses trading FXS. From November 16, 2021 to May 13, 2022, he bought 105,814 FXS tokens (approximately $2 million) at an average price of $19, which are now worth only $895,000, resulting in a loss of approximately $1.11 million.

Arthur Hayes

Comments

All Comments

Recommended for you

Cointime精选 ·

Enshrine AI into EVM

Axonum enshrines AI into blockchain to build a decentralized supercomputer powered by global collective intelligence.
Cointime精选 ·

Volume 180: Digital Asset Fund Flows Weekly Report

US$435 outflows continue as incumbent ETF issuers continue to see withdrawals
MIIX Capital ·

MIIX Capital: io.net Research & Analysis Report

io.net is a decentralized GPU network for ML computing, valued at $1 billion, expected to reach over $5 billion in the bull market cycle.
NFTScan ·

NFT 101: What Is NFT Perps Trading?

NFT Perpetual Futures (NFT Perps) is a new type of derivative that allows investors to trade NFTs with better liquidity.
NFTScan ·

X Space Recap: Web3 Users’ Crypto Asset Security in the New Asset Protocol Boom

In the new asset protocol trend and the rapid development of the NFT ecosystem, with various new gameplay emerging, how Web3 users can effectively protect their crypto assets has become a new challenge.
Ethereum stablecoin transaction volume exceeds $1 trillion so far in April, setting a new record

On April 29th, The Block data shows that as of April 28th, the trading volume of stablecoins on the Ethereum blockchain reached a record high of $1.08 trillion in April, with DAI trading volume ranking first at $578.07 billion, followed by USDC at $268.15 billion in second place, and USDT at $198.62 billion in third place.
The total open interest of BTC contracts on the entire network dropped to $29.83 billion

According to Coinglass data, the total open position of BTC futures contracts on the entire network is 478,180 BTC, equivalent to 29.83 billion US dollars.
An independent Bitcoin miner obtained the entire 3.125 BTC block reward by verifying block 841,286

On April 29th, independent mining pool ckpool's software engineer and administrator Con Kolivas posted on social media that a miner had mined the 282nd independent block in Bitcoin history. The miner's computing power at the time was about 120PH, which is equivalent to about 0.12 EH, with an average of about 12 PH per week, accounting for about 0.02% of the total network hash rate.
The total open interest of Bitcoin contracts on the entire network reached US$30.62 billion

According to Coinglass data, the total open position of Bitcoin futures contracts on the entire network is 480,870 BTC (approximately $30.62 billion).
Over $734 million worth of PYTH is staked

According to Dune data, there are currently 1,253,845,543 PYTH coins in a pledged state, with a total pledge value of $734,478,896. The number of PYTH pledgers has reached 159,165.