Arthur

Aethir

<p>After selling millions of dollars worth of <a href="https://coinpedia.org/crypto-live-news/arthur-hayes-sells-1-59m-pendle-for-5-62m-price-surges-by-24-after-sell-off/" rel="noopener noreferrer nofollow">PENDLE tokens</a>, Arthur Hayes, the ex-CEO and co-founder of BitMEX, purchased a significant amount of Aethir (ATH) tokens from centralized exchanges (CEXs). On September 23, 2024, the on-chain analytics firm <a href="https://x.com/OnchainDataNerd/status/1838136808967971131" target="_blank" rel="noopener noreferrer nofollow">TheDataNerd</a> made a post on X (formerly Twitter) that Hayes had bought 14.55 million ATH tokens, worth $951K, from ByBit and OKX.</p>  
<h2 class="wp-block-heading" id="h-arthur-hayes-s-big-bet-on-aethir-ath-nbsp"><strong>Arthur Hayes's Big Bet on Aethir (ATH)&nbsp;</strong></h2>  
<p>Additionally, the analytics firm also stated that over the past month, hayes has accumulated a significant 62.258 million ATH tokens, worth $4.08 million at an average price of $0.0655. Aethir is developing a scalable decentralized cloud infrastructure (DCI) for gaming and AI.&nbsp;</p>  
<figure class="wp-block-image size-full"><a href="https://image.coinpedia.org/wp-content/uploads/2024/09/24040047/dkmndkm.png" rel="noopener noreferrer nofollow"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24040047/dkmndkm.png" alt="" class="wp-image-354518"></a>
 <figcaption class="wp-element-caption">
  Source: X (Previously Twitter)
 </figcaption>
</figure>  
<p>Noticing Arthur Hayes' interest in ATH tokens, <a href="https://x.com/AethirCloud/status/1838238622413201865" target="_blank" rel="noopener noreferrer nofollow">Aethir</a> posted on X, “Glad to see Hayes sharing positive sentiments about what we're building at Aethir.”</p>  
<h3 class="wp-block-heading" id="h-aethir-ath-current-price-momentum-nbsp"><strong>Aethir (ATH) Current Price Momentum&nbsp;</strong></h3>  
<p>Following this massive purchase, ATH is currently trading near $0.0642 and has experienced a price surge of over 2.5% in the past 24 hours. During the same period, its trading volume dropped by 8%, indicating lower participation, likely due to its low market cap. According to coinmarketcap data, ATH’s current market cap is $260 million, with a total supply of 42 billion ATH tokens.</p>  
<h2 class="wp-block-heading" id="h-technical-analysis-and-upcoming-levels"><strong>Technical Analysis and Upcoming Levels</strong></h2>  
<p>According to expert technical analysis, ATH appears bullish and is currently retesting its breakout level of $0.0617, which occurred on September 22, 2024. If ATH successfully holds this breakout level, there is a strong possibility it could surge by 38% to reach the $0.089 level in the coming days.</p>  
<figure class="wp-block-image size-large"><a href="https://image.coinpedia.org/wp-content/uploads/2024/09/24040204/ATHUSDT_2024-09-24_04-01-51-1024x448.png" rel="noopener noreferrer nofollow"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/24040204/ATHUSDT_2024-09-24_04-01-51-1024x448.png" alt="" class="wp-image-354519"></a>
 <figcaption class="wp-element-caption">
  Source: Trading View
 </figcaption>
</figure>  
<p>However, this token is not available on Binance, Coinbase, or Kraken. Despite its absence from these major exchanges, community sentiment around ATH remains extremely high. According to recent data, 90% of community members are bullish on ATH, while only 10% are bearish.</p>

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