BitMEX founder Arthur Hayes received 644.723 ETH from FalconX about eight hours before the transaction was flagged, according to on-chain analyst Ai Yi (@ai_9684xtpa). The transfer was valued at roughly $1.2 million. Ai Yi said the size of the transfer closely matched the amount of USDC Hayes moved three days earlier, suggesting it was likely tied to a fresh ETH purchase. The latest transaction adds to a larger buying streak that has been tracked since July 15. Over that period, Hayes has accumulated a total of 3,914.84 ETH through multiple market makers and trading platforms. The reported average entry price across those purchases was $1,908.86 per ETH. Based on current tracking, the position was showing an unrealized loss of about $113,000 at the time of the update. The figures were cited by BlockBeats in a July 26 market analysis brief.
BitMEX founder Arthur Hayes received 644.723 ETH from FalconX around eight hours before the transfer was highlighted, according to on-chain analyst Ai Yi (@ai_9684xtpa). The transaction was worth about $1.2 million.
Ai Yi said the amount closely matched the size of the USDC Hayes transferred three days earlier, indicating it was likely a buy.
Accumulation since July 15 reaches 3,914.84 ETH
Since July 15, Hayes has bought a total of 3,914.84 ETH through multiple market makers and trading platforms, the monitoring data showed. His average purchase price was $1,908.86, and the position was sitting on an unrealized loss of about $113,000 at the time of the update.
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