Arthur Hayes repurchases Ethereum just a week after selling… "I won't take profit again"

Source
Minseung Kang

Summary

  • Lookonchain reported that Arthur Hayes repurchased Ethereum (ETH), which he had sold last week, at a higher price.
  • Hayes withdrew $10.5 million USDC to repurchase ETH, and the buying price was said to be higher than the previous selling price.
  • He stated on X (formerly Twitter) that he promised not to take profit again in the future.
Photo = Lookonchain, Arthur Hayes X capture
Photo = Lookonchain, Arthur Hayes X capture

Arthur Hayes, co-founder of BitMEX, is reported to have repurchased Ethereum (ETH).

On the 9th, blockchain data analytics firm Lookonchain reported, "Arthur Hayes has repurchased Ethereum (ETH) at a higher price than when he sold it last week." He withdrew $10.5 million USDC about four hours ago and bought ETH again, with the latest purchase price being higher than the previous selling price.

On X (formerly Twitter), Hayes stated, "Had to buy it all back. Fundstrat, will you forgive me? I promise I won't take profit again."

Previously, on the 2nd, Hayes sold 2,373 ETH (about $8.32 million), 7.76 million Ethena (ENA) tokens (about $4.62 million), and 38.86 billion PepeCoin (PEPE) (about $414,700). At that time, the price of ETH was about $3,507.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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