Arthur Hayes appears to be loading up on #ETHFI again — and this time, the position is much bigger. 📊
Here’s the wallet history 👇
4 months ago: 265,461 $ETHFI (~$118K) bought around $0.44. The trade was stopped out for a loss.
Now: 1.897M $ETHFI (~$1.17M) accumulated near $0.163 — roughly 7x more tokens at a 63% lower price.
That’s a major shift in conviction.
After taking a loss, coming back months later with significantly more capital at a much lower entry suggests a deliberate repositioning rather than emotional averaging down.
Hayes won’t be right on every trade, but this move signals that his view on $ETHFI may have strengthened despite the earlier loss.
And with #ETHFI also showing a potential 2-year trendline breakout setup, the whale activity is worth watching closely. 🎯
Here’s the wallet history 👇
4 months ago: 265,461 $ETHFI (~$118K) bought around $0.44. The trade was stopped out for a loss.
Now: 1.897M $ETHFI (~$1.17M) accumulated near $0.163 — roughly 7x more tokens at a 63% lower price.
That’s a major shift in conviction.
After taking a loss, coming back months later with significantly more capital at a much lower entry suggests a deliberate repositioning rather than emotional averaging down.
Hayes won’t be right on every trade, but this move signals that his view on $ETHFI may have strengthened despite the earlier loss.
And with #ETHFI also showing a potential 2-year trendline breakout setup, the whale activity is worth watching closely. 🎯