CandleFocus Arthur Hayes Buys $4M Worth of Aethir (ATH) After PENDLE Selloff
2024-09-23
Author: Content Editor
Former BitMEX CEO Arthur Hayes has purchased a significant amount of Aethir (ATH) tokens after selling his PENDLE tokens. He bought 14.55 million ATH tokens worth $951K from ByBit and OKX, accumulating a total of 62.258 million ATH tokens over the past month. Aethir is developing a decentralized cloud infrastructure for gaming and AI. After the purchase, ATH is currently trading at around $0.0642 with a surge of over 2.5% in the past 24 hours. Its market cap is $260 million, and expert technical analysis suggests it could surge by 38% to reach $0.089 if it holds its breakout level. Despite not being available on major exchanges, community sentiment around ATH remains bullish, with 90% of community members being positive.
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