- Hayesโs Ethereum buy-back marks significant market investment.
- The transaction used $10.5 million in USDC.
- Ethereum saw a ~20% price rally after transaction.
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 ETHโs 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 Hayesโs large-scale Ethereum transaction underlines his continued influence in the crypto market and has contributed to a notable price increase for ETH.
Market Influence and Strategy
Arthur Hayes, known as the former BitMEX Co-founder, executed a major crypto financial move by purchasing $10.5 million USDC worth of Ethereum. This action occurred at prices exceeding $4,150, undoing his previous decision to sell approximately 2,373 ETH at lower prices.
The Ethereum market felt immediate effects following Hayesโs declaration on his Twitter. The transaction, which reflects a strong price rally, reestablished Hayesโs market position. The last move involved selling ETH, alongside PEPE and ENA, but this pivot highlights focus on Ethereum alone.
This market shift was accompanied by Hayesโs statement: โHad to buy it all back, do you forgive me @fundstrat? I pinky swear, Iโll never take profit again.โ source
The purchase contributes significantly to Ethereumโs liquidity, potentially fostering upward market momentum. With Hayes commenting that he will refrain from taking profits, the broader sentiment has shifted to bullish among crypto followers, framing a positive market outlook.
Community and Expert Reactions
Crypto influencers and community members responded actively on social media, with discussions centering on Hayesโs commitment to holding Ethereum. This market activity underscores the ongoing relevance of major crypto players in influencing market sentiment.
Expert analysis suggests this purchase reinforces Ethereumโs critical position within the decentralized finance ecosystem. If Hayes and similar large players continue their investment strategies, further price appreciations could occur. Observers highlight historical patterns of Ethereum drawing significant attention from leading influencers, thus contributing to its price and market developments.
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