According to Deep Tide TechFlow news, on August 10, on-chain analyst Yu Jin monitored that BitMEX co-founder Arthur Hayes tweeted yesterday about wanting to buy back ETH, after transferring 14.8 million USDC to exchanges and various institutional business platforms.

In the last 2 hours, assets worth $6.85 million have been received: 1,250 ETH ($5.29 million), 424,000 LDO ($550,000), 420,000 ETHFI ($510,000), and 92,000 PENDLE ($500,000). Previously, on August 2, he believed BTC would pull back to $100,000 and ETH would pull back to $3,000, so he sold the ETH and ETH ecosystem tokens he had purchased in July. This includes ENA, AAVE, LDO, ETHFI, PEPE, with the ETH selling price at $3,506.