According to Lookonchain, a wallet of BitMEX co-founder Arthur Hayes transferred 2.05 million USDC to Wintermute and then received 280 ETH (1 million USD) and 92,339.6 PENDLE (554,000 USD). Previously reported, Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom Fund, said that the current market volatility is sideways, which has led to a downward trend in the price of junk coins, and is currently increasing the holdings of PENDLE and DOGE.