Arthur Hayes Buys $6.32 Million Worth of ETH as Analysts Debate If Ethereum Bottom Is Printed
- Arthur Hayes buys $6.32 million worth of ETH.
- Analysts debate if Ethereum bottom is printed.ย
- ETH could dip one final time before bullish momentum returns.
The crypto market continues to move at a steady sideways pace. Currently, the price of BTC is holding steady at the $63,000 price range while the price of ETH sits close to the $1,900 price range. Presently analysts are debating over the possibility of a final fall in crypto asset prices, meaning one final dip before bullish momentum returns. Amidst this discussion, Arthur Hayes buys $6.32 million worth of ETH.
Arthur Hayes Buys $6.32 Million Worth of ETH
Recently, a reputed crypto analyst and seasoned trader, Doctor Profit, revealed that the crypto market bear bottom price for BTC will not be as severe as he imagined. Initially, he stated that the price of BTC will dip as far as the $40,000 price range. Now, he believes BTC cannot drop lower than the $54,000 price range. Thus, he went on to sell all of his BTC short trade holdings and began to accumulate BTC.ย
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