Arthur Hayes Buys $4M Worth of Aethir (ATH) After PENDLE Selloff
After selling millions of dollars well worth of PENDLE symbols, Arthur Hayes, the ex-spouse-CEO and co-creator of BitMEX, ordered a purposeful amount of Aethir (ATH) symbols from centralized exchanges (CEXs). On September 23, 2024, the on-chain analytics firm TheDataNerd rendered a message on X (formerly Twitter) that Hayes owned landed 14.55 million ATH symbols, well worth $951K, from ByBit and OKX.
Arthur Hayes’s Vast Wager on Aethir (ATH)
In addition, the analytics firm alternatively said that over the past month, hayes owns accumulated a purposeful 62.258 million ATH symbols, well worth $4.08 million at an median price of $0.0655. Aethir is perfecting a scalable decentralized cloud framework (DCI) for gambling and AI.
Sensing Arthur Hayes’ liveliness in ATH symbols, Aethir uploaded on X, “Glad to check-up Hayes sharing favorable sentiments about what we’re structure at Aethir.”
Aethir (ATH) Current Price Momentum
Abiding wearing this mammoth purchase, ATH is presently trading foreseeable $0.0642 and owns skillful a price eruption of over 2.5% in the past 24 hours. During the same period, its trading allotment sagged by 8%, affirming lesser manner, probable due to its low mart cap. According to coinmarketcap documents, ATH’s current mart cap is $260 million, wearing a undivided equip of 42 billion ATH symbols.
Geeky Analysis and Upcoming Levels
According to virtuoso geeky analysis, ATH appears favorable and is presently retesting its outbreak level of $0.0617, which showed up on September 22, 2024. If ATH efficiently grasps this outbreak level, there is a solid likelihood it might eruption by 38% to reach the $0.089 level in the unborn days.
But, this token is not obtainable on Binance, Coinbase, or Kraken. Regardless of its lack from these major exchanges, stretch sentiment about ATH remains highly high. According to current documents, 90% of stretch members are favorable on ATH, while only 10% are bearish.
