🤯 Arthur Hayes just closed all his ENA, PENDLE, ETHFI, and

🤯 Arthur Hayes just closed all his ENA, PENDLE, ETHFI, and LDO positions, at a loss.
Total estimated loss: ~$3.47M
ENA: –$1.54M
PENDLE: –$990K
ETHFI: –$630K
LDO: –$310K
Important takeaway:
Even experienced investors cut positions when the market invalidates their thesis.
This is not panic selling.
This is risk management.
The altcoin market remains fragile:
Weak momentum
Selective liquidity
DeFi/LSD narratives on pause
📌 Lesson for every trader:
The goal is not to be right.
The goal is to stay in the game.
Discipline > Ego
Stop losses > Hope
Preserved capital > Blind conviction
#BitMEX #ArthurHayes 
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