Arthur Hayes Pump Call ENA: Poised for a Breakout Above $1.50

BlockBeats News, September 9th, BitMEX co-founder Arthur Hayes tweeted, stating, "The 2-year U.S. Treasury yield implies that after the soft non-farm payroll data release, Powell may cut interest rates by 50 basis points. The sUSD yield has reached 7%, preparing to welcome trillions of dollars in money market funds seeking higher returns, with some of the funds flowing into DeFi for yield chasing. ENA is expected to exceed $1.50, with USDE's supply surpassing $20 billion."

Previously reported, at 8:00 on September 9th, Arthur Hayes bought 1.395 million ENA in the past 8 hours, worth $1.01 million, at an average price of $0.73.