Arthur Hayes is back to buying ETH above $4K days after he sold $8.3M in ETH

Description

Arthur Hayes, co-founder of BitMEX, has made a swift return to Ethereum, and at a higher price, just days after offloading millions worth of the asset while warning it could slide to $3,000. Earlier this month, Hayes liquidated a sizable chunk of his Ethereum holdings, selling 2,373 ETH valued at about $8.32 million at the time, alongside $3.56 million in Ethena (ENA) and $1.43 million in meme token PEPE. In total, he offloaded over $13 million worth of crypto assets. His rationale was rooted in...