Arthur Hayes was forced to buy back ETH at a higher price after selling it twice

ChainCatcher news, according to Lookonchain monitoring, since Arthur Hayes announced "ETH = 5,000" on December 22, 2023, his public wallet address has been engaged in ETH swing trading. Interestingly, Arthur Hayes sold ETH twice—both times after selling, the ETH price continued to rise, forcing him to buy back at a higher price.

Previously, on August 2, Arthur Hayes believed that BTC would pull back to $100,000 and ETH would pull back to $3,000, so he sold the ETH and ETH ecosystem tokens he bought in July. This included ENA, AAVE, LDO, ETHFI, and PEPE. The selling price of ETH was $3,506. He then bought back 1,250 ETH on August 10 at a higher price.