source avatarEyeOnChain

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Definitely Weekend not for ETH holders😁. Arthur Hayes seems to have changed his mind on ETH. After aggressively accumulating ETH over the past few weeks, Hayes has now started trimming his position. Over the last 6 hours, he sent 2,364.38 $ETH to Cumberland and Galaxy Digital, receiving around 4.3M USDC in return. Based on the sale price of roughly $1,821 per ETH, he realized a loss of about $241K (-5.3%). Not long ago, Hayes had accumulated 7,213 ETH at an average price of around $1,923, making this a quick trade that ended in the red.

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