Odaily Planet Daily reports, according to Lookonchain monitoring, Arthur Hayes (@CryptoHayes) deposited 2,364.38 ETH into Cumberland and Galaxy Digital over the past two hours, receiving 4.3 million USDC in return at a selling price of $1,821, resulting in a loss of $241,000, or 5.3%. He previously purchased 7,213 ETH at approximately $1,923 each, for a total value of $13.87 million.
Arthur Hayes sells 2,364.38 ETH at $1,821, incurring a $241,000 loss.
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Summary
Arthur Hayes sold 2,364.38 ETH at $1,821, realizing a $241,000 loss as ETH prices dropped 5.3%. The transaction, executed through Cumberland and Galaxy Digital, exchanged ETH for 4.3 million USDC. Previously, Hayes had purchased 7,213 ETH at $1,923 each, totaling $13.87 million. This ETH market update reflects recent volatility and changing positions among key market participants.
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