Key Points
- •Arthur Hayes deposits 40 million ONDO tokens to Bybit.
- •Sparks market and community interest.
- •Potential impact on ONDO’s market dynamics.
Over 40 million ONDO tokens valued at approximately $41.25 million were deposited into Arthur Hayes's Bybit address from a Gnosis Safe Proxy wallet in September and October 2025.
The substantial token transfers have garnered significant market interest, hinting at potential strategic maneuvers in the crypto space, affecting ONDO and related cryptocurrencies' volatility.
Recently, over 40 million ONDO tokens valued at approximately $41.25 million were deposited into Arthur Hayes's Bybit address. This event occurred in multiple transfers from a Gnosis Safe Proxy wallet during September and October 2025.
Arthur Hayes, former CEO and co‑founder of BitMEX, is linked to these transactions. Hayes is renowned for pioneering crypto derivatives and is a well‑known market commentator. There's no official comment from Hayes regarding his ONDO position.
Market reactions highlight institutional confidence in ONDO's real‑world asset integrations. The significant token movement has attracted attention, considering Hayes's influential status in the crypto sector. Such large deposits typically precede market volatility.
Analysts interpret this as a sign of potential market transformation affecting Ethereum and Bitcoin through related liquidity actions. Historical trends suggest large whale transfers to exchanges often lead to increased sell pressure. Ai Yi, a Crypto Analyst, noted on Twitter:
"Arthur Hayes received 26.28 million ONDO (worth approximately $24.7 million) from the Ondo project address 14 hours ago. He subsequently transferred the funds in batches to Coinbase, Bybit, Binance, and OKX, possibly in a sell‑off"
The community is closely monitoring for any regulatory responses. Nansen and Lookonchain provide on‑chain data indicating a need for caution regarding price and liquidity risks. No official regulatory or institutional updates have been publicly released in response.
Potential effects could include heightened scrutiny on crypto market activities and strategic shifts in asset management. Awareness of historical precedents informs possible outcomes, with impact on Ethereum and Bitcoin liquidity pools being a focal point.