Arthur Hayes Buys ETH Above $1,900 Weeks After Selling at $1,700
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4 Articles
Key points of the news: Arthur Hayes spent about $2.5 million to buy 1,293 ETH while Ethereum traded over $1,900 in a maximum of several weeks. In mid-June, Hayes accumulated 5,900 ETH for $10.58 million and then sold a higher position for about $10 million. Three new Wallets withdrew nearly $58 million in ETH from Coinbase Prime, while addresses linked to Abraxas also rotated from bitcoin to $8,153 ETH. Ethereum’s rally over $1,900 brought a di…
Arthur Hayes, the well-known co-founder of the exchange BitMEX, has re-purchased ether (ETH) for a value of $3.7 million, a few weeks after losing 6,000 ETH. The operation has been detected in the Ethereum blockchain, where the addresses associated with the investor show a sudden build-up that analysts interpret as a vote of confidence in the second cryptocurrency. The movement has attracted attention because Hayes had sold those 6,000 ETH at th…
Arthur Hayes Buys ETH Above $1,900 Weeks After Selling at $1,700
Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts. One of the reasons behind this notable rally that drove it to a multi-week peak could be ongoing accumulation by major players, including BitMEX’s co-founder, Arthur Hayes. Hayes Buys ETH High On-chain data provided by Lookonchain indicated that the popular crypto personality spent roughly $2.5 mi…
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