Arthur Hais buys altcoins

The co -founder of BitMEX Arthur Hais relied on the approaching season of altcoins. The analysis of the onchain-data Arkham Intelligence showed that the wallets associated with Heis significantly increased their assets in altcoins, especially in Ethereum (ETH), Lido Dao (LDO) and Pendle (Pendle).

Now on Hais’s wallets, a total of 1980 ETH and 1160 WRApped ETH (Weth) in the amount of about $ 13.8 million are stored in a total of about $ 13.8 million. Its assets in Lido DAO (LDO) are 425,000 tokens (worth about $ 633,000), as well as 184,600 PENDLE tokens (worth about about $ 63,000 $ 998,000).

As a result, the total cost of altcoins of his portfolio exceeded $ 15.4 million. We add that almost $ 10 million per USDC is also stored on its wallets.

Currently, the altcoin market demonstrates a small growth, but the assets chosen by Heis demonstrate great profitability.

The price of LIDO DAO (LDO) has increased by more than 15% over the past 24 hours to $ 1.48. For a week, Token added 59%, as a result of which altcoin with average capitalization reached a six -month maximum.

Pendle (Pendle) also demonstrated an impressive growth, rising by more than 32% in the last week and bargaining at $ 5.34. Now the token is preparing to re -test the critical level of resistance in the area of $ 6.90, which has been the main sales area over the past 12 months.

Hais’s position is partly supported by such macroeconomic factors as expanding the regulation of cryptocurrencies in the United States and a gradual decrease in the fraction of bitcoin in the market (58.6% according to Coingecko).

Despite the fact that the altcoin season index increased to 41, it is still far from the level of 75+, which signals a real altcoin rally.

In addition to Heis, analyst Michael Van de Poppe invest in alternative coins, he recently published a list of 8 altcoins that have growth potential.

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Source: Cryptocurrency

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