Arthur Hayes ‘Had to Buy It All Back’ After Selling $8.3M Worth of ETH
Arthur Hayes, the founding partner of Crypto Exchange Bitmex, reversed only days after a warning of a market regression on a major ether (ETH) trade.
Last week, the data of Arkham Intelligence showed that Hayes sold around $ 8.32 million at around $ 8.32 million when Hayes made close to $ 3,500. He moved to Stablecoins.
However, it seems to have a heart change this weekend.
Hours ago, the data first Lookonchain A address of Hayes has now moved from $ 10.5 million in ISDC with the price of the crypto currency. Around 4,200 dollars.
The movement comes after Hayes’ liquidation of over $ 13 million in Krypto Holdings, including Ethena (ENA) and Breast Token Pepe (Pepe) last week.
At that time, he showed the US tariffs and weaker job data as head winds for crypto than expected, estimated that Bitcoin could test $ 100,000 and Ether could visit $ 3,000 again.
Nevertheless, Hayes’s quick recovery suggests that it may have been renewed upwards. Hayes confirmed the purchase of ETH in an article in X, promise “He had to get all of them back” while he shared a Ether price chart.
