According to Lookonchain data, wallets associated with Arthur Hayes sold approximately $22.28 million worth of cryptocurrencies within several days. The largest sale involved 6,400 ETH valued at $15.2 million, while 14 million ENA tokens were worth $2.76 million, 323,000 UNI were worth $2.24 million, and 1.89 million ETHFI were worth $1.23 million. Hayes also sold 546,609 AERO, 120,000 PENDLE, and 3 million ZAMA. The transactions came after he predicted Ethereum could reach $10,000 by the end of 2026 while continuing to advocate for the network’s security and capacity. In July, he had bought more than 7,200 ETH for nearly $14 million before transferring 2,364 of them to Cumberland and Galaxy Digital at an estimated sale price of $1,821, resulting in a loss of about $241,000.
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