Arthur Hayes: Accumulates 646 ETH OTC via Galaxy

Arthur Hayes appears to be accumulating ETH through OTC channels, sending 1.25M USDC to Galaxy Digital and receiving 646.33 ETH worth $1.24M minutes later while routing another 1.25M USDC to FalconX for a likely follow-up trade.

With price testing upper Bollinger resistance at $1941 while RSI flashes overbought at 73.47, a healthy retracement to the 50-EMA support at $1806 seems probable before further continuation as the MACD golden cross at 33.33 reinforces the broader bullish structure above the 200-EMA at $1760. Institutional OTC flows like this often shape ETH price prediction models and crypto market trends over the next six months.