Planning to bottom-pick altcoins? Arthur Hayes transferred $3 million USDC to Flowdesk and Galaxy Digital

Odaily Planet Daily News: According to on-chain analyst Yujin, Arthur Hayes transferred a total of $3 million in USDC to OTC platforms Flowdesk and Galaxy Digital about 10 minutes ago. Half a month ago, Hayes had liquidated at least $49.25 million worth of various altcoins and stated his intention to wait for prices to drop further before repurchasing. Since then, the prices of the tokens he previously sold have declined another 15% to 30%. This recent transfer of USDC has sparked market speculation about a potential return to buying, but the exact purpose of the funds and specific purchase plans remain unconfirmed.