Arthur Hayes Buys Nearly $1M in Ethena Ahead of Hyperliquid Vote

Arthur Hayes, co-founder of crypto investment fund Maelstrom, bought the Ethena token this week, tying his latest move to a project vying for control of the USDH stablecoin ticker as Hyperliquid validators head into a decisive vote on Sunday. Hayes has accumulated multiple tranches of Ethena’s ENA token over the past two days, including 578,956