BitMEX Co-Founder Arthur Hayes Sends 700 ETH to B2C2 Group

BitMEX Co-Founder Arthur Hayes Sends 700 ETH to B2C2 Group

On-chain data from Lookonchain shows Arthur Hayes sold 1,480 ETH over two days, marking his largest Ethereum sale since August, when he later repurchased at a higher price.

ETH

Fact Check
The assessment is based on strong, consistent evidence from multiple sources. The primary evidence comes from Lookonchain, a reputable on-chain analytics firm with high authority, which directly reported the transaction and provided a transaction tracker screenshot as proof. This primary claim is independently corroborated by two secondary news sources (Blockchain.news and Coinfomania), both of which report the same event, with one explicitly citing Lookonchain. This creates a consistent and credible narrative. The remaining sources are largely irrelevant; the official BitMEX pages do not discuss personal transactions, which is expected, and the Paybis page is a low-authority tertiary source that merely aggregates headlines. The Onchain Lens post is ambiguous and does not contradict the claim, as it appears to reference a different transaction. There is no conflicting evidence presented from any credible source. The high confidence stems from the convergence of a primary on-chain source and multiple secondary journalistic sources all reporting the same specific fact.
Summary

Arthur Hayes, co-founder of BitMEX, sold 1,480 ETH valued at approximately $4.7 million in the past two days, according to blockchain data from Lookonchain. His last Ethereum sale was on August 1, followed by a repurchase nine days later at a higher price. The sales highlight notable trading activity from the prominent crypto figure.

Terms & Concepts
  • ETH (Ethereum): A leading blockchain platform and cryptocurrency used for decentralized applications and smart contracts (self-executing blockchain code).
  • Blockchain tracker: A tool or service that monitors and reports cryptocurrency transactions recorded on public blockchains.