Arthur Hayes Buys $2 Million in Uniswap (UNI) Over Two Days With No Catalyst in Sight

The Arthur Hayes UNI position topped $2 million on Monday. A wallet that Etherscan labels as his now holds 284,102 tokens after two days of buying.

Onchain Lens put the split at roughly 244,400 UNI on Sunday and 39,700 on Monday. No governance vote, no protocol upgrade, and no obvious market trigger accompanied either order.

Arthur Hayes UNI Buying Ran Across 2 Days

A tracker flagged the second tranche early Monday. It named an address that Etherscan labels "Arthur Hayes 4."

Etherscan values that stake just above $2 million. The same address also carries roughly 8,013 Ethereum.

Hayes keeps large orders away from open markets. The same wallet has pulled Ethereum and stablecoins from Galaxy Digital, Cumberland and FalconX. That habit predates this trade.

In August he paid up to rebuild an Ether.fi position he had exited earlier in the year.

Hayes made the case himself on X. "Time to run it back turbo," he posted, recalling the profits he made during the 2020 decentralized finance (DeFi) boom.

He also called UNI his favourite type of sushi. Uni is the Japanese name for sea urchin, a premium sushi topping.

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