Arthur Hayes has turned Monad (MON) into the week’s most chaotic battleground. Just 48 hours after hyping the token with a brazen “MON to $10,” the BitMEX co-founder reversed course entirely. Meanwhile, other whales continue to accumulate the token, which hit the mainnet only recently but continues to ride a wave of spoofed token transfers. Arthur Hayes Nukes MON Publicly, But Whales Are Secretly Accumulating The former BitMEX CEO slammed the token, urging traders to send it to zero, just two days after the MON price recorded a sharp post-launch rally
source: https://beincrypto.com/arthur-hayes-monad-whales-defi-rotation/