Arthur Hayes, co-founder of BitMEX, bought back 2,373 ETH at prices above 4,150 USD, totaling over 10.5 million USD. This buyback comes after his previous sale of ETH for 8.32 million USD, reflecting his strategy amidst market fluctuations.
The ETH market is witnessing notable institutional buying, with over 1 million ETH acquired recently, reflecting a growing trust among larger investors. Hayes’ actions highlight a bullish sentiment in the crypto space.
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