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Arthur Hayes FOMO’d Hard: Buys Back $8.3M ETH After Premature Dump

Arthur Hayes FOMO’d Hard: Buys Back $8.3M ETH After Premature Dump

Author:
CoindeskEN
Published:
2025-08-09 15:42:55
19
1

Arthur Hayes ‘Had to Buy It All Back’ After Selling $8.3M Worth of ETH

Crypto's favorite chaos agent just played himself.

BitMEX co-founder Arthur Hayes—never one to shy away from dramatic market moves—just pulled a classic 'buy high, sell low... then panic-rebuy higher' maneuver. The kicker? An $8.3 million Ethereum rollercoaster that'd make a hedge fund intern blush.

Paper hands meet diamond-handed regret

Hayes initially dumped his ETH stack during a routine market tremor (because apparently 'macro guru' status expires during 10% corrections). But when Ethereum did what Ethereum does—defy logic and moon when least expected—he scrambled to repurchase at premium prices.

The real story? Even pros get rekt

This isn't some degen's leverage mishap. It's a nine-figure trader getting emotionally outplayed by his own portfolio. The move exposes crypto's dirty secret: everyone's gambling, some just wear fancier suits.

Bonus jab: At least he didn't YOLO into a shitcoin this time—progress!

|Square

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