BitMEX Co-Founder Arthur Hayes Buys Another $6.39 Million in ETH

Arthur Hayes, co-founder of BitMEX, has added another 3,298 Ethereum (ETH) worth approximately $6.39 million to his cryptocurrency holdings, acquiring the tokens through FalconX and Galaxy Digital, according to on-chain data.

The latest purchase brings Hayes’ total Ethereum accumulation since July 15 to 7,213 ETH, acquired for roughly $13.87 million at an average entry price of $1,923 per token.

Ethereum was trading at approximately $1,883 at the time of reporting, with the position showing an unrealized loss of about $301,000 based on current market prices.

Source: Lookonchain