LDO and PENDLE Join ETH as Arthur Hayes Builds on His Altcoin Stack for 2025
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- On-chain data shows Arthur Hayes holds an “altseason bag” worth over $15.4 million.
- His top holdings include $13.8 million in Ethereum, plus large positions in LDO and PENDLE.
- His top picks, LDO and PENDLE, have surged 59% and 32% respectively in the past week.
BitMEX co-founder and major crypto influencer Arthur Hayes is betting big on an imminent altcoin season. On-chain data from Arkham Intelligence shows that wallets associated with Hayes have been significantly increasing their altcoin holdings, with a clear focus on Ethereum (ETH), Lido DAO (LDO), and Pendle (PENDLE).
On-chain data shows Hayes’s wallets now hold a combined 1,980 ETH and 1,160 Wrapped ETH (WETH), valued at about $13.8 million. His Lido DAO (LDO) position stands at 425,000 tokens (worth ~$633k), and he holds 184,600 PENDLE tokens (worth ~$998k).
This brings his total tracked altcoin holdings in this “altseason bag” to over $15.4 million. Crucially, his wallets also hold nearly $10 million in USDC, representing significant dry powder ready to be deployed.
He’s not the only one. Hayes is buying ETH, but so is the rest of the smart money. Here’s our deep dive on the massive Ethereum w…
The post LDO and PENDLE Join ETH as Arthur Hayes Builds on His Altcoin Stack for 2025 appeared first on Coin Edition.
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