Arthur Hayes-Linked Wallet Buys $2.51M in Ethereum as ETH Extends Weekly Gains

A wallet associated with BitMEX co-founder Arthur Hayes has acquired 1,400 ETH, valued at roughly $2.51 million, in a transaction completed around 10 hours ago.

The purchase took place while Ethereum was still trading just below the $1,800 mark. It also came during a period of recent market strength, with the asset up about 8% over the past week.

Source: Lookonchain