According to @lookonchain, Arthur Hayes' public wallet has been swing trading ETH since his Dec 22, 2023 post stating ETH = 5,000, with transactions verifiable on Arkham Intelligence at intel.arkm.com; source: @lookonchain; Arkham Intelligence. According to @lookonchain, the wallet sold ETH on two occasions and ETH price continued climbing afterward, leading the wallet to repurchase at higher levels; source: @lookonchain; Arkham Intelligence intel.arkm.com. According to @lookonchain, this sequence shows the sales did not mark local tops and resulted in buybacks at worse prices, which can be cross-checked on the wallet timeline via intel.arkm.com; source: @lookonchain; Arkham Intelligence.

According to @ai_9684xtpa, Arthur Hayes’ related wallet accumulated about USD 9.514 million since yesterday across ETH, ETHFI, LDO, and PENDLE, with ETH representing 78% of the portfolio (source: @ai_9684xtpa on X). According to @ai_9684xtpa, the wallet also received 10 ENA from Wintermute roughly two hours earlier as a test transfer (source: @ai_9684xtpa on X). Based on the allocations reported by @ai_9684xtpa, the positioning concentrates exposure in ETH relative to ETHFI, LDO, and PENDLE and signals on-chain flow into the ETH ecosystem (source: @ai_9684xtpa on X).