Hayes Deepens ETH Position With Latest Purchase BitMEX co-founder Arthur Hayes has acquired another 3,298 $ETH, valued at approximately $6.32 million, according to on-chain analytics platform
BitMEX co-founder Arthur Hayes has acquired another 3,298 $ETH, valued at approximately $6.32 million, according to on-chain analytics platform EmberCN. The transaction brings his total Ethereum accumulation to roughly 7,212.6 $ETH, representing around $13.82 million invested since mid-July.
Funds for the latest purchase were withdrawn from prime brokers FalconX and Galaxy Digital before the trade was executed, a routing pattern consistent with his earlier buys. Hayes first re-entered Ethereum on July 15, acquiring more than 1,900 $ETH worth about $3.7 million, with his opening purchase of 646 $ETH executed through an OTC trade with Galaxy Digital.
The July buying streak follows Hayes selling 6,000 $ETH at a roughly $606,000 loss in June. The reversal in positioning has drawn close attention from market watchers tracking large on-chain flows.
Hayes has built a reputation for making bold, high-profile calls on tokens, only to exit or reverse several of them shortly after, drawing scrutiny over his pattern of buying loud and selling quiet. His latest accumulation run is no exception, with each transaction logged publicly on the blockchain and flagged by multiple analytics providers.
Spot Ethereum exchange-traded funds have added to the broader bullish narrative, attracting $104 million in net capital during the July 20 to 24 period, extending a positive inflow streak to three consecutive weeks, according to Wu Blockchain.
Hayes currently serves as Chief Investment Officer of Maelstrom, his family office focused on digital assets and DeFi.After receiving a full presidential pardon from Donald Trump in March 2025, Hayes re-emerged in that role, focusing on dollar liquidity dynamics and the long-term institutionalization of the crypto economy.
With his latest purchase, Hayes has now committed over $13 million to $ETH in under two weeks, cementing his position as one of the most closely watched individual accumulators in the current cycle.
Sources:Bitcoin Foundation: Arthur Hayes Buys $3.7M Ethereum After June LossBeInCrypto: Arthur Hayes Buys Back Into Ethereum Weeks After Selling 6,000 ETH at a LossBlockonomi: Ethereum Price Eyes Major Breakout After Arthur Hayes $2.5M Purchase
