Arthur Hayes: Buys 1,337 ETH at $1,869

Arthur Hayes bought 1,337 ETH at $1,869 after sending 2.5M USDC to Galaxy Digital, reversing a sale executed just two days prior.

Hayes deposited 2,364.38 ETH into Cumberland and Galaxy Digital for 4.3M USDC at an average $1,821, booking a $241K loss on the round-trip that followed his earlier purchase of 7,213 ETH near $1,923.

Price sits at $1870.42 on the 4h chart inside a bearish structure defined by EMA50 at $1885.22 acting as immediate resistance and EMA200 at $1830.18 as deeper support; RSI at 47.31 shows neutral momentum while MACD registers a bullish golden cross at -7.39, and the position inside Bollinger Bands between $1834.13 and $1911.56 suggests any push toward upper-band resistance will likely meet selling before a test of the 50-EMA.