Arthur Hayes Buys $10.5M ETH to Reverse Previous Sale

Arthur Hayes allocated $10.5 million USDC for purchasing ETH at prices exceeding $4,150. This move reversed his previous ETH sale, indicating bullish sentiment as ETH’s value surged approximately 20% within a week.

Arthur Hayes, Chief Investment Officer of Maelstrom Fund and BitMEX Co-founder, purchased $10.5 million in Ethereum at over $4,150 on August 9, 2025, reversing his earlier sale.

Arthur Hayes’s large-scale Ethereum transaction underlines his continued influence in the crypto market and has contributed to a notable price increase for ETH.