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Arthur Hayes ironically jokes about his "buy low, sell high ETH" strategy: vows never to profit again

By: theblockbeats.news|2025/08/09 12:21:58

BlockBeats News, August 9th, BitMEX co-founder Arthur Hayes posted self-mockingly about "selling low and buying high ETH," saying, "I must buy it all back, can you forgive me @Thomas Lee, I swear I will never take profits again."

One week ago, Arthur Hayes sold 2,373 ETH when the price was around $3,507, and he bought back ETH at a higher price four hours ago.

Ethereum's largest institutional holder, BitMine (BMNR) chairman Thomas Lee, has recently been actively promoting ETH in the crypto community. His statements include: "Ethereum is currently at a key moment similar to Bitcoin in 2017, and some will regret not betting on it at this moment. As Wall Street's attention to cryptocurrency gradually increases, Ethereum is becoming the core platform in the financial market's "tokenization" process, which is one of the biggest macro trading events in the next decade. Based on the ETH/BTC exchange rate during the 2021 peak, ETH could rise to $16,000."

AguilaTrades will take profit in multiple steps on the BTC and ETH long positions, aiming for a total profit of approximately $11.4 million.

Institutional Ethereum Holdings Overview: BMNR Holds 833.1K ETH, Ranking First