Arthur Hayes Just Broke the First Rule of Trading And Crypto Can’t Stop Talking About It
Last week, BitMEX co founder Arthur Hayes dumped 2,373 ETH around $3,507 for roughly $8.3M. This week? He stormed back in, buying $10.5M worth of ETH at over $4,150 right near the top of the rally.
Hayes laughed at himself on X, telling his followers: “Had to buy it all back I pinky swear, I’ll never take profit again.”
But here’s the kicker his buyback comes as whales and institutions scoop up over 1 million ETH in just weeks, sending price from $2,600 to over $4,000.
Was this a brilliant power move backed by insider conviction or a high profile case of FOMO that could backfire?
