{"id":41320,"date":"2025-08-09T15:46:52","date_gmt":"2025-08-09T15:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41320"},"modified":"2025-08-09T15:46:52","modified_gmt":"2025-08-09T15:46:52","slug":"arthur-hayes-had-to-buy-it-all-back-after-selling-8-3m-worth-of-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41320","title":{"rendered":"Arthur Hayes \u2018Had to Buy It All Back\u2019 After Selling $8.3M Worth of ETH"},"content":{"rendered":"<div>\n<p>Arthur Hayes, co-founder of crypto exchange BitMEX, appears to have reversed course on a major ether (ETH) trade just days after warning of a market downturn.<\/p>\n<p>Last week, data from Arkham Intelligence showed that Hayes sold 2,373 ETH worth around $8.32 million, when the second-largest cryptocurrency was trading near $3,500 and <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/02\/arthur-hayes-dumps-millions-in-crypto-amid-bearish-bet-on-u-s-tariff-impact\">moved into stablecoins.<\/a><\/p>\n<p>This weekend, however, he seems to have a change of heart.<\/p>\n<p>Hours ago, data first spotted by <a href=\"https:\/\/x.com\/lookonchain\/status\/1954132632423588028\">Lookonchain<\/a> showed an address linked to Hayes moved out of $10.5 million in USDC to buy back ether, with the price of the cryptocurrency now <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/09\/eth-jumps-7-to-usd4-200-highest-since-december-2021-as-analysts-forecast-what-s-next\">hovering around $4,200.<\/a><\/p>\n<p>The move comes after Hayes liquidated over $13 million in crypto holdings last week, including ethena (ENA) and meme token pepe (PEPE).<\/p>\n<p>At the time, he cited U.S. tariffs and weaker-than-expected jobs data as headwinds for crypto, predicting bitcoin could test $100,000 and ether could revisit $3,000.<\/p>\n<p>Yet Hayes\u2019 quick buyback suggests he may see renewed upside in ether. Hayes seemingly confirmed the acquisition of ETH in a post on X, <a href=\"https:\/\/x.com\/CryptoHayes\/status\/1954071967461449859\">saying<\/a> he \u201chad to buy it all back\u201d while sharing an ether price chart.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Arthur Hayes, co-founder of crypto exchange BitMEX, appears to have reversed course on a major ether (ETH) trade just days after warning of a market downturn. Last week, data from Arkham Intelligence showed that Hayes sold 2,373 ETH worth around $8.32 million, when the second-largest cryptocurrency was trading near $3,500 and moved into stablecoins. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":6,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41320","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41320"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41320\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}