Arthur Hayes Transfers $10.14M in ETH as Ethereum Reclaims $1,700

BitMEX co-founder Arthur Hayes transferred 6,000 ETH, valued at approximately $10.14 million, to FalconX and Galaxy Digital around four hours ago.

The move came as Ethereum staged a recovery during the trading session, erasing most of its earlier losses and climbing back above the $1,700 mark.