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Arthur Hayes: Family offices hold large-scale long positions in BTC, ETH and other tokens

2024-10-28 09:35
Odaily News Arthur Hayes, founder of BitMEX, said, "Given the uncertainty of the US election results, the family office Maelstrom invested 5% of the fund in pledged USDe (Ethena USD), which can earn about 13%. We maintain a large long position in Bitcoin, Ethereum and other tokens." Hayes added that the fund will deploy all sUSDe into cryptocurrencies after the results of the US election are clear and the losing party accepts the defeat. Hayes joked that it doesn't matter who the winner is in the short term. (CoinDesk)