Arthur Hayes just sold $3.1M in DeFi after 85–94% drawdowns.

$ENA . $ETHFI . $PENDLE

All oversold. All dumped.

Panic move… or smart rotation before the next leg?

Whales don’t explain. They move.

ENA
ENA
0.1147
-4.73%
PENDLE
PENDLE
1.188
-2.30%
ETHFI
ETHFI
--
--