Arthur Hayes is back in the headlines after blockchain trackers spotted another large outflow from his wallets. On-chain data shows that Hayes sent 700 ETH, worth around $2.22 million, to market maker B2C2 Group. A move analysts widely see as preparation for another sale. The transfer follows a series of heavy token disposals over the past 48 hours. It adds fuel to speculation about his current market outlook.
Arthur Hayes(@CryptoHayes) just transferred another 700 $ETH($2.22M) to B2C2 Group, most likely to sell.https://t.co/ohE1pUkhid pic.twitter.com/rkqxB5pq2i
— Lookonchain (@lookonchain) November 17, 2025
Hayes Accelerates Token Sales Across Multiple Assets
Arthur Hayes has been actively reducing his crypto positions and moving funds between major market makers. Including Wintermute, FalconX and B2C2. Across several wallets linked to him, he has sold or transferred millions of dollars in assets. According to Lookonchain and Arkham Intelligence, Hayes recently offloaded a wide basket of tokens, including:
- 260 ETH worth about $820,000
- 2.4 million ENA worth $651,000
- 640,000 LDO worth $480,000
- 1,630 AAVE worth $289,000
- 28,670 UNI worth $209,000
He also appeared to liquidate additional holdings earlier. Including 520 ETH, 2.62 million ENA and 132,730 ETHFI, adding another $2.5 million in sales. Put together, Arthur Hayes has moved more than $6 million in assets this week alone. The pace of activity has surprised many traders. Especially as markets continue to consolidate after a rocky month.
Millions in Stablecoins Flow In and Out of Hayes’ Wallets
On-chain data also reveals large inflows of stablecoins into Hayes’ addresses. Over the past day, he received:
- $548,000 USDC from Wintermute
- $3.15 million USDC from another address
- $819,900 USDC from Binance
These inflows were followed by significant outflows toward centralized and OTC desks. This pattern suggests Arthur Hayes is frequently cycling liquidity. Selling tokens for stablecoins and routing them through professional market makers. The repeated transfers to B2C2 and FalconX signal high-volume trading activity rather than simple wallet reshuffling. Analysts believe these steps show a clear intent to derisk or reposition.
Community Reactions: “Is Hayes Selling the Bottom Again?”
Crypto users reacted instantly as screenshots of the transfers spread across X. Many joked that Hayes’ selling streak could once again signal a local market bottom. Referencing previous moments when his trades aligned with trend reversals. One user wrote, “It would be funny if the market bottoms here again. Arthur Hayes selling the bottom is basically a pattern now.”
Others noted that Hayes’ aggressive derisking reflects broader uncertainty across altcoins as liquidity thins and volatility rises. Still, some traders believe his moves might be strategic. Especially if he expects a deeper correction before re-entering the market.
Market Watches Closely as Hayes’ Activity Continues
Arthur Hayes has not commented publicly on the recent transactions. But the scale and speed of his activity ensure the market is paying close attention. With more than 190 tracked transfers across his wallets in recent days. Observers expect additional moves in the coming hours. Currently, Hayes’ latest 700 ETH transfer marks yet another large batch potentially headed for sale. Additionally, traders are bracing for what comes next.
