Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Arthur Hayes Sells $2.5 Million in Ethereum and Tokens

Arthur Hayes Sells $2.5 Million in Ethereum and Tokens

Coinlineup2025/11/16 15:39
By:Coinlineup
Key Points:
  • Hayes sells $2.5M in crypto, causes market stir.
  • Increase in ENA and ETHFI trading volume.
  • Possible institutional profit-taking observed.

Arthur Hayes recently sold 520 ETH (~$1.66M), 2.62M ENA (~$733K), and 132,730 ETHFI (~$124K), confirmed by on-chain data. Transactions involved Binance and Wintermute, impacting ENA/ETHFI trade volumes by 10-20%.

Arthur Hayes, former BitMEX CEO, reportedly sold $2.5 million in Ethereum and other tokens on November 16, 2025, confirmed by on-chain data.

The event exemplifies institutional trade impacts, sparking debate over market stability and investor confidence.

Arthur Hayes has conducted significant transactions involving 520 ETH, 2.62 million ENA, and 132,730 ETHFI, valued at approximately $2.5 million. This activity highlights the substantial trading power of crypto influencers and the impacts these sales can have on the market dynamics.

“Arthur Hayes appears to have sold 520 ETH worth about $1.66M, 2.62M ENA worth about $733K, and 132,730 ETHFI worth about $124K, roughly 4 hours before its post on Nov 16, 2025.” – Lookonchain

The trades, which sent ETH to Binance and FalconX, were recorded by on-chain analytics platforms . Hayes has not commented publicly on these transactions. Meanwhile, blockchain analytics indicated that these trades coincided with a noticeable increase in trading volumes for the affected pairs.

The sales increased activity in the respective cryptocurrency pairs, causing trading volume spikes of 10–20% for ENA and ETHFI. This surge reflects the swift market response to the significant sell-off by a known figure.

Market reactions underscore the continuing influence of major holders on both high-cap and mid-cap assets. Such actions illustrate potential strains on Ethereum’s $3,000 support zone . Despite regulatory oversight absence, such transactions emphasize the challenges facing cryptocurrency markets and regulation.

Historical data suggests similar transactions by influential figures often lead to temporary market fluctuations. Traders develop strategies to leverage these opportunities. This situation may affect both liquidity and price stability, particularly in the DeFi token sector.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Xerox Campus Revitalization in Webster, NY: A Prime Prospect for Industrial Property and Development Investments

- Webster , NY's Xerox campus redevelops 300 acres of brownfield land with $9.8M FAST NY grant, targeting 2025 as a hub for advanced manufacturing and logistics. - Infrastructure upgrades include road realignment, sewer expansion, and electrical modernization to meet demands of semiconductor and food processing industries. - Tax incentives and PPPs attract firms like fairlife® (1M sq ft, 250 jobs) and Ranger Design, leveraging low 2% vacancy vs. national 7.4% average. - EPA-compliant remediation and sustai

Bitget-RWA2025/11/30 11:00
The Xerox Campus Revitalization in Webster, NY: A Prime Prospect for Industrial Property and Development Investments

AI-Powered Hybrid Staking Approach Connects Web2 and Web3, Enhancing Accessibility

- IntelliQuant's Lumint platform introduces a hybrid node staking model combining AI with blockchain to simplify operations for institutional and retail users. - The model uses account abstraction and gas fee sponsorship to lower entry barriers while integrating Web2/Web3 technologies for familiar user experiences. - An AI-powered investment platform with robo-advisory and crypto trend analysis is in development, supported by OKX partnership for global expansion. - The hybrid-incentive system aims to creat

Bitget-RWA2025/11/30 10:46
AI-Powered Hybrid Staking Approach Connects Web2 and Web3, Enhancing Accessibility

XRP News Update: Institutional Dominance Drives CoinShares to Adjust Its Crypto Approach

- CoinShares abandoned U.S. XRP/Solana/LTC ETF plans due to a crowded market dominated by institutional giants like BlackRock and Fidelity. - The firm will pivot to high-margin thematic crypto products and active strategies, exiting leveraged Bitcoin futures ETF BTFX . - Institutional dominance in crypto ETFs now exceeds 90% of inflows, with BlackRock's IBIT controlling $70B+ in assets and 3% of Bitcoin's supply. - XRP ETFs saw $179.6M inflows this week, but CoinShares cited "low margins and slow growth" c

Bitget-RWA2025/11/30 10:46
XRP News Update: Institutional Dominance Drives CoinShares to Adjust Its Crypto Approach

Ethereum Updates Today: Fed's QT Conclusion and FUSAKA Enhancement May Drive Ethereum's Upcoming Surge

- Ethereum tests $2,850 support as ETF inflows and FUSAKA upgrade boost institutional confidence. - FUSAKA upgrade introduces PeerDAS, boosting data capacity eightfold and cutting L2 fees by 90%. - Fed’s December QT end and rate cut expectations fuel liquidity and bullish sentiment. - Technical indicators show consolidation near $2,800–$3,080, with potential for $3,550 by mid-2026 if upgrades align with liquidity.

Bitget-RWA2025/11/30 10:32
Ethereum Updates Today: Fed's QT Conclusion and FUSAKA Enhancement May Drive Ethereum's Upcoming Surge