According to a report by COINOTAG on September 24, Spot On Chain revealed that Arthur Hayes, the co-founder of BitMEX, recently moved 30.89 million ATHs from Bybit, equivalent to about $1.92 million, just 25 minutes prior. Within the last 48 hours, Hayes has executed withdrawals totaling 47.37 million ATHs (approximately $2.94 million) from various exchanges including Bybit, OKX, and KuCoin. Consequently, his aggregate ATH holdings have surged to 93.15 million ATHs, valued at around $5.79 million. This development highlights significant liquidity movements within the crypto market.