Arthur Hayes Reinvests in Ethereum After $8.3 Million Sale, Cautions on Market Volatility
The post Arthur Hayes Reinvests in Ethereum After $8.3 Million Sale, Cautions on Market Volatility appeared on BitcoinEthereumNews.com.
Arthur Hayes, the BitMEX co-founder, recently bought back Ethereum after selling $8.3 million worth, indicating his belief in the asset’s potential despite market volatility. He expressed regret on social media, stating he would “never take profit again.” Institutions have accumulated over $4.17 billion in ETH since July, reflecting strong market interest. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Arthur Hayes buys back Ethereum after a significant sale, showcasing his confidence in the cryptocurrency market’s recovery. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); } })(); Transaction Type Amount (ETH) Value (USD) Sale 2,373 $8.32 million Purchase 2,373 $10.5 million What Happened with Arthur Hayes and Ethereum? Arthur Hayes, a prominent figure in the crypto space, sold 2,373 ETH for approximately $8.32 million before buying back into the asset at a higher price. This move highlights the volatility and unpredictability of the cryptocurrency market. Why Did Hayes Sell and Then Buy Back Ethereum? Hayes initially sold his Ethereum holdings to lock in profits before a…
