According to BlockBeats, on August 9, BitMEX co-founder Arthur Hayes posted a self-deprecating comment about 'selling low and buying high ETH', saying, 'I must buy it all back, can you forgive me @Thomas Lee, I swear I will never take profits again.'
Arthur Hayes sold 2,373 ETH about a week ago when the price of ETH was around $3,507, and 4 hours ago he bought back ETH at a higher price.
Thomas Lee, chairman of BitMine (BMNR), the largest institutional holder of Ethereum, has recently made frequent calls for ETH, attracting attention in the crypto community. His remarks include: 'Ethereum is at a critical moment similar to Bitcoin in 2017, and there will be regret for those who do not bet at this moment. As Wall Street's interest in cryptocurrencies gradually increases, Ethereum is becoming the core platform in the 'tokenization' process of financial markets, which is one of the biggest macro trading events in the next decade. Based on the ETH/BTC exchange rate during the peak in 2021, ETH could rise to $16,000.'