An address possibly linked to a BitMEX co-founder has received DeFi tokens worth $2.05 million.
\nThe transaction involved 3,033 AAVE and 1.1253 million LIDO.
\nFlowdesk sent the assets, suggesting a potential over-the-counter purchase.<\/p>\n
The altcoin narrative is gaining steam as Ethereum starts to outperform the markets<\/a>.<\/p>\n ETH, SOL, and XRP surged up to 10% in the past 24 hours while the largest cryptocurrency by value remained calm above $118,600.<\/p>\n Amidst the shifting trends, crypto sleuths observed an interesting transaction linked to a wallet believed to be that of BitMEX co-founder Arthur Hayes.<\/p>\n The address received 3,033.14 AAVE and 1.1253 million LIDO, worth $2.05 million, from Flowdesk, a trading company.<\/p>\n [ETHERSCAN] Arthur Hayes Wallet Receives 1.125M LIDO and 3,033 AAVE Worth $2.05M from Flowdesk, Pointing to Potential OTC Buy of DeFi Blue Chips$LDO<\/a> $AAVE<\/a> $ETH<\/a> pic.twitter.com\/axTBv2oRZo<\/a><\/p>\n \u2014 BecauseBitcoin.com (@BecauseBitcoin) July 17, 2025<\/a><\/p>\n\n This is more than an average transaction.<\/p>\n The timing, size, and parties involved have triggered debates within the cryptocurrency community.<\/p>\n Is Arthur Hayes accumulating DeFi blue chip tokens in anticipation of an imminent bull run?<\/p>\n The source of the transferred assets added to the curiosity.<\/p>\n Flowdesk is known for handling massive transactions for wealthy individuals or institutions.<\/p>\n The fact that the wallets received the tokens directly from Flowdesk indicates an over-the-counter (OTC) deal.<\/p>\n This option allows the buyer to evade slippage and maintain privacy than using public exchanges.<\/p>\n Participants often opt for OTC deals to purchase or offload enormous amounts of digital assets without impacting market prices.<\/p>\n Moreover, individuals use over-the-counter to buy cryptocurrencies when preparing to hold them for the long term.<\/p>\n The purchase wasn\u2019t a random pick. AAVE and LIDO are among the most reputable DeFi tokens.<\/p>\n AAVE is among the earliest and most trusted lending protocols.<\/p>\n It is currently the second-largest business on the Ethereum blockchain, according to total value locked, surpassing Circle the previous week.<\/p>\n ICYMI:@aave<\/a> is currently the #2 business on @ethereum<\/a>, based on TVL<\/p>\n Aave overtook @circle<\/a> in the past week@Tether_to<\/a> remains #1 pic.twitter.com\/yFZkEfPp10<\/a><\/p>\n \u2014 Token Terminal \ud83d\udcca (@tokenterminal) July 16, 2025<\/a><\/p>\n\n Aave\u2019s multi-chain plans and upcoming V4 upgrade continue to grab the community\u2019s attention.<\/p>\n On the other side, Lido is a dominant player in the Ethereum staking ecosystem.<\/p>\n It allows individuals to stake Ether while providing liquidity via stETH.<\/p>\n The LIS (Lido Impact Staking) launched early this year to transform sustainable funding for social impact projects.<\/p>\n The alt trades at $325 after gaining more than 10% in the past week.<\/p>\n While it reflects weakness after a 1.15% dip in the past day, possibly due to profit-taking, AAVE\u2019s bullish structure remains intact.<\/p>\n Renowned crypto analyst Javon Marks predicts<\/a> massive moves to $628, translating to an over 90% surge from the current price.<\/p>\n He believes AAVE could extend to $1,200 with broad market bull runs.<\/p>\n Lido DAO\u2019s native coin exhibited a bullish outlook after gaining more than 4.6% in the past day.<\/p>\n Its soaring daily trading volume signals magnified interest in the altcoin.<\/p>\n LDO trades at $0.9435 after a 20% surge in the past seven days.<\/p>\n It tests an immediate resistance level between $0.95 and $1.00, according to analyst CW.<\/p>\n The next sell wall for $LDO<\/a> exists at $1.4. pic.twitter.com\/9kv7pyhxsy<\/a><\/p>\n \u2014 CW (@CW8900) July 17, 2025<\/a><\/p>\n\n The digital coin secured a reliable footing at $0.66 \u2013 $0.72, hinting at stable performances.<\/p>\n With the next sell wall at $1.4, LDO holders can brace for nearly 50% gains in the near term.<\/p>\n The prevailing crypto market sentiments support LDO and AAVE\u2019s bullish trajectories.<\/p>\n The post Arthur Hayes-linked wallet bags $2M worth of AAVE and LDO in an OTC deal<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" An address possibly linked to a BitMEX co-founder has received DeFi tokens worth $2.05 million. The transaction involved 3,033 AAVE and 1.1253 million LIDO. Flowdesk sent the assets, suggesting a potential over-the-counter purchase. The altcoin narrative is gaining steam as Ethereum starts to outperform the markets. ETH, SOL, and XRP surged up to 10% in […]<\/p>\n","protected":false},"author":0,"featured_media":4268,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":{"0":"post-4267","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4267"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4268"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Flowdesk\u2019s role suggests an OTC deal<\/h2>\n
Why the two altcoins<\/h2>\n
AAVE price outlook<\/h2>\n
LDO set for 50% surge<\/h2>\n