Arthur Hayes: Sells SYN, Accumulates ENA

Arthur Hayes sold 6.16M SYN tokens worth roughly $657.80K through Flowdesk OTC desk and received 638.11K USDC in return, while separately taking delivery of 3.05M ENA valued at $247.58K from Wintermute.

SYN trades at $0.1 beneath the EMA50 level of $0.13 and the EMA200 at $0.2, locking in the bearish trend structure on the 4h chart. The MACD golden cross at -0.01 hints at building bullish momentum even as RSI sits neutral at 39.44. Price remains inside the Bollinger bands with upper resistance at $0.14 and lower support at $0.09, so a retracement toward the 50-EMA appears likely before any sustained move higher, shaping near-term SYN price prediction scenarios amid ongoing crypto market crash volatility.