Is Arthur Hayes good at buying high and selling low? On chain data reveals multiple loss making operations According to BlockBeats, on February 3rd, according to lookonchain monitoring, Arthur Hayes has recently reduced his holdings of multiple cryptocurrency assets, with multiple transactions showing a characteristic of "buying at high levels and selling at low levels". Specifically, let's take a look: Hayes once bought 1.4 million PENDLEs for $2.06 (approximately $2.87 million), and recently sold 327869 PENDLEs for $1.53 (approximately $502000); On ENA, it bought 15.8 million pieces (approximately 3.6 million US dollars) for 0.23 US dollars, and then sold 3.6 million pieces (approximately 499000 US dollars) for 0.14 US dollars; In addition, he also bought 2.3 million LDOs for $0.56 (approximately $1.29 million) and recently sold 2.31 million LDOs for $0.42 (approximately $980000). The above transaction has attracted market attention, with some investors mocking its operating rhythm as leaning towards "chasing after gains and killing losses", reflecting the current intensified market volatility and continuous contraction of capital risk appetite.