Arthur Hayes Repurchases ETH Amid Market Surge

Arthur Hayes Repurchases ETH Amid Market Surge

Arthur Hayes, co-founder of BitMEX, repurchased ETH at higher prices after recently selling, publicly swearing off future profit-taking via Twitter on August 9, 2025.

This incident highlights market volatility influenced by large figures like Hayes, drawing attention to Ethereum’s price surge and speculative trading behaviors.

Arthur Hayes, a notable figure in the cryptocurrency sector, has made headlines following his decision to repurchase Ethereum (ETH) after an initial sale. The transaction involved significant amounts, with Hayes selling at $3,507 and rebuying above $4,150.

As a former CEO of BitMEX and current Chief Investment Officer of Maelstrom Fund, Hayes is influential in market trends. He publicly acknowledged his move via Twitter, promising to refrain from profit-taking in the future.

The transactions had immediate impacts, with ETH witnessing a surge, along with heightened market curiosity. Market participants closely observe such moves due to recent market trends and their potential to influence asset prices.

Financially, this decision affected over $10.5 million USDC for ETH repurchase. The sharp rebound in ETH prices indicates how significant players can affect short-term market dynamics. As Hayes himself humorously stated:

“Had to buy it all back, do you forgive me @fundstrat? I pinky swear, I’ll never take profit again.”

No regulatory announcements related to these activities have emerged. Historically, similar actions lacked permanent implications without broader market shifts or institutional trends confirming such outcomes.

Potential regulatory responses remain speculative. However, Hayes’s actions highlight the volatility associated with influential crypto players. Historical precedents suggest such activities could trigger brief market volatility periods.