BlockBeats News, July 16th, according to Onchain Lens monitoring, BitMEX co-founder Arthur Hayes appears to be continuously increasing his ETH holdings through over-the-counter trading.

He transferred 1.25 million USDC to Galaxy Digital and shortly after received 646.33 ETH (approximately $1.24 million). Additionally, he transferred another 1.25 million USDC to FalconX, most likely for another over-the-counter trade.