Arthur Hayes sells 2,364 ETH at $1,821, incurring a $241,000 loss

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Arthur Hayes sold 2,364.38 ETH at $1,821 per ETH, incurring a $241,000 loss (-5.3%). The ETH was deposited into Cumberland and Galaxy Digital in exchange for 4.3 million USDC. Previously, Hayes purchased 7,213 ETH at $1,923 per ETH, totaling $13.87 million. ETH prices remain under pressure amid the large-scale sell-off, and traders are closely monitoring ETH technical analysis for signs of support.

ChainCatcher report, according to Lookonchain monitoring, over the past two hours, Arthur Hayes deposited 2,364.38 ETH into Cumberland and Galaxy Digital, receiving 4.3 million USDC in return. He sold at a price of $1,821, resulting in a loss of $241,000 (-5.3%). Previously, Arthur Hayes had purchased 7,213 ETH at approximately $1,923 each, for a total value of $13.87 million.

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