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Arthur Hayes Accumulates 1,293 ETH Through Two On-Chain Transfers

BitMEX co-founder Arthur Hayes accumulated 1,293 ETH in two transactions on July 15, weeks after selling 6,000 ETH and reducing his Ethereum holdings.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
July 16, 2026
in Market Updates
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Arthur Hayes Buys 1,293 ETH Worth $2.48M After Recent Ethereum Sell-Off

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  • Arthur Hayes purchased 1,293 ETH worth approximately $2.48 million on July 15, 2026.
  • The accumulation occurred through two separate transactions of roughly 646 ETH each executed several hours apart.
  • The purchases follow Hayes’ late-June sale of 6,000 ETH, marking a notable reversal in his recent Ethereum trading activity.

Arthur Hayes Adds 1,293 ETH in Two Transactions

Arthur Hayes Adds 1,293 ETH
Arthur Hayes Adds 1,293 ETH

BitMEX co-founder Arthur Hayes, known on X as @CryptoHayes, acquired a total of 1,293 ETH worth approximately $2.48 million on July 15, 2026.

The purchases were completed in two nearly identical transactions:

  • Approximately 646 ETH worth around $1.24 million at 17:11:47 UTC.
  • Another 646 ETH worth approximately $1.24 million at 22:53:35 UTC.

The transactions indicate that Hayes accumulated Ethereum in stages over the course of the day, bringing the total value of the purchases to roughly $2.48 million. The transfers were identified through publicly available blockchain data.

Purchase Marks Reversal After June Ethereum Exit

The latest acquisitions are notable because they come only weeks after Hayes reduced his Ethereum exposure. In late June, on-chain data showed that he sold approximately 6,000 ETH, reportedly realizing a loss on the position.

The July 15 purchases therefore represent a reversal in his recent Ethereum trading activity. Market participants frequently monitor wallet movements linked to Hayes due to his long-standing presence in the cryptocurrency industry and his public commentary on digital asset markets.

Blockchain observers also reported transfers involving institutional trading counterparties, including Galaxy Digital and FalconX, suggesting part of the accumulation may have been executed through over-the-counter (OTC) transactions rather than open-market exchange orders.

Ethereum Accumulation Draws Market Attention

Large on-chain transactions involving prominent crypto investors are closely watched because they provide insight into changes in portfolio positioning. While the purchases do not indicate Hayes’ future market outlook, they show renewed accumulation of Ethereum following his previous reduction in holdings.

The two July 15 transactions add to a series of publicly tracked wallet movements involving Hayes throughout 2026, making this one of his latest notable Ethereum acquisitions based on blockchain records. Recently, BitMEX has appointed Peter Wilkinson as its new Chief Executive Officer, succeeding Stephan Lutz, who will transition to a new role as Chairman of the company’s Board.

In March 2026, Arthur Hayes said in an interview with CoinStories that if he had only $1 to invest, he would not buy Bitcoin, citing expectations that he would wait for a more favorable macroeconomic environment before entering the market.

Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.

To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.

Tags: Ethereum
Sathish Kumar Kaliraj

Sathish Kumar Kaliraj

Sathish Kumar Kaliraj is a crypto journalist and data analyst at Cryip, covering on-chain activity, market movements, and regulatory developments across the crypto industry. His reporting combines statistical analysis and blockchain data verification, drawing on certifications in data journalism, fact-checking (IFCN, Google News Initiative), and journalism fundamentals (NBC Universal Academy). His work has been cited by Coincu, Tech Times, and Bitcoinist.

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