BitMEX Founder Arthur Hayes Abandons Altcoins, Now Focused on Meme Coins Including $MOTHER

The BitMEX founder claimed this sudden shift of focus in a shoutout message to Australian rapper Iggy Azalea, whose $MOTHER has dominated the meme coin charts for several days amidst a 30% weekly run.

BitMEX founder Arthur Hayes shifted his focus from Pendle to Aethir after depositing 1.595M PENDLE tokens to Binance and Bybit.

Hayes withdrew 16.478M Aethir tokens from OKX, Bybit, and KuCoin via wallet 0x75b. Hayes now holds 62.257M ATH tokens, only surpassed by Ether in his publicly trackable wallet.

In June 2024, Hayes expressed support for Dogecoin, highlighting his preference for “choppy sideways action.” Both Dogecoin and Pendle have since declined.

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