Arthur Hayes is buying #Ethfi again. Not a small move either. 📊
Track record on this wallet: 👇
4 months ago: bought 265,461 $ETHFI ($118K) at $0.44. Got stopped out, had to take the loss.
Now: same wallet, 1.897M $ETHFI ($1.17M) accumulated at $0.163. That’s 7x the volume at 63% lower price.
When a whale takes a loss and comes back to the same coin months later with 7x the conviction and a much better entry, that’s not averaging down out of desperation, that’s a deliberate repositioning....