Bullish
Arthur Hayes Acquires 7,212.6 ETH for $13.82M Since July 15
2026-07-28 08:27:31
Former BitMEX chief accumulates significant ETH position via OTC desks, spending $13.82M since mid-July at an average entry of $1,916.
Woofun AI data shows that Arthur Hayes executed an OTC purchase of 3,298 ETH for $6.32 million through FalconX and Galaxy Digital two hours ago. Since July 15, the address associated with Hayes has cumulatively acquired 7,212.6 ETH, totaling $13.82 million in USDC spent at an average price of $1,916.
WOOFUN AI
Impact Assessment · Quick Read
This accumulation signals strong conviction from a prominent market figure during current price levels. The use of OTC desks suggests a desire for minimal market impact while building a substantial position. Such large-scale buying by known entities may reduce circulating supply pressure and influence short-term sentiment among retail investors.
Generated by WOOFUN AI · For reference only, not investment advice
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