- Arthur Hayes purchases 2.16M Ethena tokens, elevating market activity.
- ENA price surge coincides with strategic partnerships.
- Anchorage partnership to boost stablecoin presence in the US.
Arthur Hayes, former BitMEX CEO, purchased 2.16 million Ethena tokens for $1.06 million on July 25, 2025, amid key ecosystem developments, leading to a notable price surge.
Hayes’s purchase underscored notable confidence in Ethena’s prospects, spurring an 8-16% price increase in ENA, amidst a wider market decline, attracting significant investor interest.
The former BitMEX CEO Arthur Hayes acquired 2.16 million Ethena tokens, investing $1.06 million as the token’s price rose by 8–16%. His purchase, highlighted by Arkham Intelligence, underscores ongoing investor interest.
Hayes’s purchase lifted his total Ethena holdings to 7.76 million tokens, equivalent to $3.73 million. The acquisition occurred amidst an ecosystem uptick following Ethena’s partnership with Anchorage Digital.
Following the purchase, Ethena’s token surged, with daily trading volumes jumping to $1.5 billion. This rise occurred while broader markets, including Bitcoin, saw declines, drawing attention to ENA’s performance.
The collaboration with Anchorage Digital introduces a GENIUS Act-compliant stablecoin in the US, potentially altering regulatory dynamics. This move has sparked discussions among digital currency stakeholders and developers.
Hayes’s transaction was confirmed by Binance, Galaxy Digital, and Flowdesk, tracking notable investor trend continuity. This reinforces previous patterns where prominent purchases boosted protocol traction.
Experts see potential regulatory shifts due to Ethena’s new stablecoin and on-chain growth, particularly in dApps development. These advancements are aligned with historical precedent for major partnership announcements boosting ecosystem engagement. Ethena Labs noted, “We are excited to announce our partnership with Anchorage Digital to launch a GENIUS Act-compliant stablecoin, paving the way for increased institutional adoption in DeFi.” – Ethena official channels
