According to BlockBeats news on August 22, monitored by Lookonchain, since Arthur Hayes published 'ETH = 5,000' on December 22, 2023, his public wallet address has been engaged in ETH swing trading. Interestingly, Arthur Hayes sold ETH twice—each time after selling, the ETH price continued to rise, forcing him to buy back at a higher price.
Arthur Hayes previously believed on August 2 that 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 bought in July, including ENA, AAVE, LDO, ETHFI, PEPE, with the sale price of ETH at $3,506. He then bought back 1,250 ETH on August 10 at a higher price.
