Arthur Hayes Keeps Buying ETH Despite Losses, Signaling Strong Confidence in Ethereum
TL;DR
- Arthur Hayes purchased another $6.39 million in ETH, increasing his holdings to 7,213 ETH despite a $301,000 unrealized loss.
- The Maelstrom CIO continues accumulating Ethereum as institutional demand grows through ETF inflows and broader adoption.
- Hayesโ strategy reflects long-term confidence in Ethereum, focusing on liquidity trends and blockchain expansion rather than short-term volatility.
Arthur Hayes has expanded his Ethereum position with another $6.39 million ETH purchase, continuing a buying streak despite a temporary paper loss. The BitMEX co-founderโs latest move has attracted attention from investors tracking major onchain activity.
Arthur Hayes(@CryptoHayes) bought another 3,298 $ETH($6.39M) 3 hours ago.
Since July 15, Arthur Hayes has bought a total of 7,213 $ETH($13.87M) at an average price of $1,923 and is now down ~$301K.https://t.co/gau6egd7Vm pic.twitter.com/BoElOKmmaG
- Lookonchain (@lookonchain) July 28, 2026
The purchase increased Hayesโ holdings to 7,213 ETH valued at $13.87 million, with an average entry price of $1,923. The position currently sits around $301,000 below cost, according to blockchain monitoring data. The acquisition follows earlier ETH purchases in July, showing that Hayes remains willing to add exposure during market fluctuations.
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