Hayes Adds Another $6.3M to ETH Holdings, Extends Buying Streak

Arthur Hayes, co-founder of BitMEX, has made another significant purchase of Ether (ETH), buying 3,298 tokens worth approximately $6.32 million, according to blockchain tracking data from EmberCN.

The funds were withdrawn from major crypto trading firms FalconX and Galaxy Digital.

This latest transaction is part of a broader buying pattern by Hayes, who has accumulated a total of 7,212.6 ETH since July 15, with the total value of his purchases reaching $13.82 million.

Hayes's average purchase price across this period is calculated at $1,916 per token, suggesting a strategic accumulation at what he may perceive as a favorable entry point.