Arthur Hayes Sells $2.5 Million in Ethereum and Tokens
- Hayes sells $2.5M in crypto, causes market stir.
- Increase in ENA and ETHFI trading volume.
- Possible institutional profit-taking observed.
Arthur Hayes recently sold 520 ETH (~$1.66M), 2.62M ENA (~$733K), and 132,730 ETHFI (~$124K), confirmed by on-chain data. Transactions involved Binance and Wintermute, impacting ENA/ETHFI trade volumes by 10-20%.
Arthur Hayes, former BitMEX CEO, reportedly sold $2.5 million in Ethereum and other tokens on November 16, 2025, confirmed by on-chain data.
The event exemplifies institutional trade impacts, sparking debate over market stability and investor confidence.
Arthur Hayes has conducted significant transactions involving 520 ETH, 2.62 million ENA, and 132,730 ETHFI, valued at approximately $2.5 million. This activity highlights the substantial trading power of crypto influencers and the impacts these sales can have on the market dynamics.
“Arthur Hayes appears to have sold 520 ETH worth about $1.66M, 2.62M ENA worth about $733K, and 132,730 ETHFI worth about $124K, roughly 4 hours before its post on Nov 16, 2025.” – Lookonchain
The trades, which sent ETH to Binance and FalconX, were recorded by on-chain analytics platforms . Hayes has not commented publicly on these transactions. Meanwhile, blockchain analytics indicated that these trades coincided with a noticeable increase in trading volumes for the affected pairs.
The sales increased activity in the respective cryptocurrency pairs, causing trading volume spikes of 10–20% for ENA and ETHFI. This surge reflects the swift market response to the significant sell-off by a known figure.
Market reactions underscore the continuing influence of major holders on both high-cap and mid-cap assets. Such actions illustrate potential strains on Ethereum’s $3,000 support zone . Despite regulatory oversight absence, such transactions emphasize the challenges facing cryptocurrency markets and regulation.
Historical data suggests similar transactions by influential figures often lead to temporary market fluctuations. Traders develop strategies to leverage these opportunities. This situation may affect both liquidity and price stability, particularly in the DeFi token sector.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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