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Arthur Hayes buys high and sells low again
Over the past four days, he purchased 5,900 ETH for about $10.58 million at an average price of $1,793. However, four hours ago, the well-known investor sold 6,000 ETH for $10.14 million at a price of $1,690, resulting in a loss of about $606,000.
Yesterday, Hayes also noted that if the AI bubble bursts, authorities might activate the printing press again. He believes that part of this liquidity could flow into cryptocurrency, potentially pushing BTC to $1 million.
$ETH $HYPE $USDC