According to Ember Monitoring, Arthur Hayes (0x6cd...e21) liquidated his holdings of four DeFi tokens he bought for $9.35 million last December, incurring a total loss of $3.48 million. His specific trades included: buying 2.3 million LDO tokens at $0.56 and selling them at $0.42, resulting in a loss of $310,000; buying 15.8 million ENA tokens at $0.23 and selling them at $0.13, resulting in a loss of $1.54 million; buying 1.4 million PENDLE tokens at $2.06 and selling them at $1.34, resulting in a loss of $990,000; and buying 2.15 million ETHFI tokens at $0.74 and selling them at $0.47, resulting in a loss of $630,000.