Arthur Hayes Faces Another Loss Amid PEPE and MOG Slump
Release: 2024/10/03 18:39 Reading: 314
- Original author：TheNewsCrypto
- Original source：https://thenewscrypto.com/?p=109743
Arthur Hayes Loses $47K on Meme Coin Investments
Former BitMEX CEO Arthur Hayes reportedly sustained a $47K loss after investing approximately $500K in the meme coins PEPE and MOG.
Hayes deposited 24.39 billion PEPE tokens ($230K) and 167.5 billion MOG tokens ($223K) back to Binance and Bybit.
Impact on PEPE and MOG Prices
Hayes' acquisition initially boosted the prices of PEPE and MOG. However, they have since declined:
- PEPE: Currently trading at $0.000009274, down 6.90% in 24 hours
- MOG: Currently trading at $0.000001391, down 7.15% in 24 hours
Hayes' Previous Crypto Transactions
Hayes previously sold 350K PENDLE tokens for $1.26 million. He had initially purchased them for $2.2 million.
Additional Crypto News
- Ripple vows to fight SEC appeal over XRP sales ruling.
Tags:
- Arthur Hayes
- Cryptocurrency
- MOG
- PEPE
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