Arthur Hayes transferred $3 million USDC to the trading platform, possibly preparing for a market bottoming strategy

BlockBeats news, November 12: According to EmberCN monitoring, Arthur Hayes transferred a total of $3 million USDC to OTC platforms Flowdesk and Galaxy Digital about 10 minutes ago. Half a month ago, Arthur Hayes had liquidated multiple altcoins worth at least $49.25 million, stating his intention to wait for further market declines before buying back. Compared to his selling prices, these tokens have generally dropped another 15%-30%. This recent transfer may be preparation for a market bottoming strategy.