Amid ETH volatility, Arthur Hayes reversed his earlier sell—buying back ETH at around $4,200—while whale 0x3c9E’s contrasting moves underscore market unpredictability.
Arthur Hayes, co-founder of BitMEX, reversed his recent sell of 2,373 ETH valued at about $8.32M when ETH was near $3,500, buying back ETH with $10.5M in USDC as the price rose to approximately $4,200. This move follows his liquidation of over $13M in crypto holdings, including ENA and PEPE, after warning of a market downturn. Meanwhile, whale 0x3c9E previously panic-sold 38,582 ETH for $136.89M before repurchasing 1,800 ETH, showcasing diverse trading strategies.