Ethereum Faces Selling Pressure as BitMEX Co-Founder Rotates $2M Into DeFi Tokens

Ethereum is under new sell pressure after a high-profile crypto trader sold his ETH assets to buy decentralized finance (DeFi) tokens. This action is happening at a time when ETH is trading flat around the psychological $3,000 price level. Why Is Hayes Moving Capital into DeFi? Arthur Hayes, co-founder of BitMEX, affirmed that he is

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