Ethereum News Today: Arthur Hayes Rebuys Ethereum for $10.5M After $8.3M Sale Amid Volatility

Arthur Hayes, co-founder of BitMEX, made a significant market move on August 9, 2025, by repurchasing Ethereum after selling 2,373 ETH for approximately $8.32 million earlier. He bought back the same amount at a higher price, valued at around $10.5 million, indicating his renewed confidence in the cryptocurrency despite warnings of ongoing volatility [1]. His social media comments reflected regret over taking profits, with Hayes vowing, “I pinky swear, I’ll never take profit again,” signaling a long-term commitment to Ethereum [1].

Hayes’ actions highlight the unpredictable nature of the crypto market, where rapid price swings can create both opportunities and challenges for investors. Following his sale and repurchase, he cautioned that macroeconomic factors such as sluggish credit growth and renewed tariff concerns could drive Bitcoin down to $100,000 and Ethereum to $3,000 [1]. These warnings underscore the broader uncertainties that continue to influence the market, particularly for major cryptocurrencies.

Meanwhile, institutional investors have been aggressively accumulating Ethereum since July 10, with over 1.035 million ETH—worth $4.17 billion—being bought during that period. This surge in institutional interest coincided with Ethereum’s price rally, pointing to growing confidence in the asset among larger market participants. The average acquisition price for these purchases was around $3,546, suggesting that institutions are building long-term reserves and viewing Ethereum as a strategic holding [1].

The market activity involving Hayes and institutions reflects a broader trend of balancing short-term profit-taking with long-term investment strategies. While Hayes’ sale and buyback illustrate personal caution and optimism, the broader institutional buying spree suggests a more bullish outlook. However, the caution expressed by Hayes serves as a reminder of the market’s sensitivity to macroeconomic shifts and policy developments, which remain key risks for digital assets.

Arthur Hayes’ recent actions emphasize the importance of navigating volatility with both strategic foresight and emotional discipline. As Ethereum continues to attract interest from both retail and institutional investors, the interplay of market sentiment and external factors will shape its trajectory in the months ahead [1].

Source: [1] Arthur Hayes Reinvests in Ethereum After $8.3 Million Sale, Cautions on Market Volatility (https://en.coinotag.com/arthur-hayes-reinvests-in-ethereum-after-8-3-million-sale-cautions-on-market-volatility/)