Arthur Hayes buys SOL after 500% rebound: What does it mean for investors?
Arthur Hayes, the co-founder and former CEO of BitMEX, announced on November 2, 2023, that he had purchased Solana (SOL) at around $46.75. This came after SOL had already rebounded 500% from its market bottom of $8 in December 2022. Hayes’ purchase of SOL is a significant development, as he is a well-respected figure in…