Arthur Hayes: Buys 1,500 ETH for $2.63M
Arthur Hayes buys 1,500 ETH ($2.63M) as ETH trades at $1757.69 with EMA50 support at $1734 and neutral RSI on 4h chart.
SourceAnalysis
Arthur Hayes purchased 1,500 ETH worth $2.63 million according to on-chain data shared by @lookonchain.
Price sits at $1757.69 above the EMA50 at $1734.38 yet below the EMA200 at $1894.25 while the MACD prints a death cross. With the RSI at 52.02 remaining neutral and price contained inside the Bollinger Bands between $1708.32 and $1839.24, a test of upper-band resistance at $1839.24 could trigger a quick pullback toward the 50-EMA before any sustained move higher. ETH price prediction models now incorporate this institutional accumulation alongside broader Bitcoin flows.
Lookonchain
@lookonchainLooking for smartmoney onchain