Arthur Hayes transferred $3 million USDC to Flowdesk and Galaxy Digital, possibly preparing to buy the dip on altcoins

Odaily reports: According to on-chain analyst Yu Jin's monitoring, Arthur Hayes transferred a total of $3 million USDC to OTC trading platforms Flowdesk and Galaxy Digital approximately 10 minutes ago. Half a month ago, Hayes had liquidated multiple altcoins worth at least $49.25 million and stated that he planned to wait for prices to decline further before buying back at an opportune time. Since then, the prices of the related tokens he had previously sold have fallen by another approximately 15% to 30%. This latest transfer of USDC has sparked market speculation that he may be preparing to buy back in, though the purpose of the funds and specific purchase plans cannot yet be confirmed.