Arthur Hayes Loads Up on Ethereum Again as Price Smashes Past $4,200 — Says He’s Not Selling

Arthur Hayes has made a bold return to $ETH , buying back in at higher prices after cashing out earlier this year. The BitMEX co-founder openly admitted he couldn’t stay on the sidelines as ETH’s momentum gathered pace, with prices breaking above the $4,200 mark for the first time in years. Hayes, known for making decisive moves during market turning points, said he’s in this position for the long haul and won’t be selling anytime soon.

His re-entry comes as Ethereum sees a surge in demand, driven by renewed interest in DeFi projects, institutional accumulation, and growing speculation around the next major network upgrades. Market watchers note that Hayes’ actions often influence trader sentiment, and his confidence now adds fuel to an already strong rally. With liquidations piling up for short positions and ETH gaining dominance in altcoin trading, his bet signals that this run might be far from over.