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Arthur Hayes bought a higher eth, ‘Pinky Swears’ that no longer earns income


Bitmex co-founder and Bitcoin billionaire Arthur Hayes returned to Ethereum just a week after selling a large tranche.

Onchain data Shut up Hayes has already uploaded 2,373 ether (Eth), costs nearly $ 8.32 million in time, when the token traded near $ 3,507. The sale, which took place about a week ago, locked in revenue before Ether’s latest rally.

In a reversal, the crypto analyst moved $ 10.5 million to the USDC (USDC) In many Saturday transactions, with Stablecoins directed towards the purchase of ETH at prices of over $ 4,150, which is higher than its previous exit point.

“Everything needs to be purchased. Do you forgive me @fundstrat?” He wrote to X, who tagged Tom Lee, the co-founder and head of research on FS Insight of Fundstrat. “I’m Pinky swearing, I’ll never get my income again,” he added.

Hayes bought ETH. Source: Arthur hayes

Related: $ 105m ether shorts got ‘smoked,’ eric trump throws shade and bears

Hayes warns of crypto collapse

Last week, Hayes, who was chief investment officer of the Maelstrom Fund, Macroeconomic Pressure is warned can pull bitcoin (Btc) Back to $ 100,000.

Mentioned tariff fears after a weak July non -farm Payroll report, which showed only 73,000 new jobs in the US, Hayes said that lazy credit increases in major economies could weigh the nominal GDP and push Bitcoin and ether less than $ 100,000 and $ 3,000, respectively.

As a result, Hayes sells more than $ 13 million worth of crypto, with $ 8.32 million in ETH, $ 4.62 million in Etherna (This one), and $ 414,700 in Pepe (Pepe).

Related: Ether price hit $ 4K for the first time since December 2024

Institutions have hired $ 4.17 billion in ETH

Since July 10, more than 1.035 million ETH, worth nearly $ 4.17 billion, has accumulated a cluster of unknown whales and institutions through exchanges and institutional trading platforms, According to In the data accumulated by Embercn.

Ether whales are on a spree purchase. Source: Embercn

Advancement in the purchase activity in conjunction with the strong Ethereum price rally, rising from $ 2,600 to $ 4,000 a month, an increase of 45%.