Arthur Hayes Buys $6.39M More Ethereum, Then the ETH Market Starts to Tumble

Arthur Hayes bought 3,298 more Ether (ETH) worth $6.39 million hours before Ethereum’s spot price slid from $1,960 to $1,872. The purchase extends a buying streak that began July 15.

Hayes has now spent $13.87 million on 7,213 ETH at an average price of $1,923, leaving him roughly $368,000 underwater. A Buying Streak Built in Pieces Hayes assembled the position through a string of over-the-counter trades.

Onchain trackers flagged transfers to Galaxy Digital, FalconX, and Cumberland since mid-July. Single purchases ranged from roughly 645 ETH to about 1,330 ETH.

Arthur Hayes(@CryptoHayes) bought another 3,298 $ETH($6.39M) 3 hours ago.Since July 15, Arthur Hayes has bought a total of 7,213 $ETH($13.87M) at an average price of $1,923 and is now down ~$301K.https://t.co/gau6egd7Vm pic.twitter.com/BoElOKmmaG— Lookonchain (@lookonchain) July 28, 2026 The accumulation followed a reversal.