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Arthur Hayes Buys Back into Ethereum After Brief Sell-Off

Guavy AI Editorial Team
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ETH USDC ENA
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BitMEX co-founder Arthur Hayes has resumed buying Ethereum just two days after reducing his holdings, according to blockchain analytics platform Lookonchain.

The data shows that Hayes transferred 2.5 million USDC to Galaxy Digital about an hour before the transaction was reported and received 1,337 ETH in return, implying an average purchase price of approximately $1,869 per token.

Hayes also purchased an additional 6 million Ethena (ENA) tokens valued at roughly $525,000, at an average price of $0.09 per token.

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