Arthur Hayes: Buys $888K in AERO, PENDLE, ZAMA

Arthur Hayes purchased $888K worth of tokens via FalconX and Flowdesk, according to Onchain Lens. The trades included 546.6K AERO for $459.84K, 120K PENDLE for $231.6K and 3M ZAMA for $196.67K.

AERO trades at $0.85 inside its Bollinger Bands with the upper band at $0.94 offering near-term resistance and the lower band at $0.84 acting as immediate support. The 50-EMA at $0.87 sits directly above price while the 200-EMA at $0.76 provides deeper structural support; the MACD death cross keeps the broader trend bearish even as RSI at 41.59 shows neutral momentum. Price action therefore faces a short-term test of the upper band before any sustained move higher, with a rejection likely sending it back toward the 50-EMA confluence zone.