Arthur Hayes sends 14 million ENA to Cumberland as token sales continue
On-chain monitoring cited a transfer of 14 million ENA worth about $2.73 million to Cumberland for sale, alongside a wider series of token transfers and USDC receipts.
jienweng
Arthur Hayes transferred another 14 million ENA, valued at about $2.73 million, to Cumberland for sale, according to on-chain analyst Yu Jin’s monitoring cited in a report dated 2026-10-25. The transfer adds to a reported series of sales involving several tokens in Hayes’ holdings.
Yu Jin’s account put the value of tokens Hayes had sent to trading platforms since 2026-10-24 at $28.81 million, with 14.15 million USDC withdrawn back from those platforms so far. It identified ETH, ENA, UNI, ETHFI, AERO, PENDLE and ZAMA as tokens sold. Those figures describe assets sent out and USDC received; they do not establish a final settlement total or Hayes’ remaining holdings.
A separate report dated 2026-10-25, citing Onchain Lens monitoring, described a transfer of about 8,000 ETH worth approximately $18.69 million. It said Hayes subsequently received about $11.73 million in USDC from Galaxy Digital and Flowdesk, with approximately $6.96 million still pending payment at the time of that report.
The monitoring accounts describe a broader conversion of token holdings into USDC, rather than an isolated ENA transfer. But a transfer for sale does not by itself establish that the sale has settled. The reports leave the final proceeds, completion of the pending payment and Hayes’ reasons for selling unresolved.
