Arthur Hayes: Sells 6,000 ETH for $606K Loss

Arthur Hayes bought 5,900 ETH for $10.58M at an average $1,793 over four days then sold 6,000 ETH for $10.14M at $1,690, realizing a $606K loss according to on-chain tracking of Arthur Hayes wallet activity.

Price action on the 4h chart shows ETH trading at $1,698.87 inside the Bollinger Bands with the lower support at $1,663.99 and upper resistance at $1,825.13. The EMA50 at $1,725.68 acts as immediate resistance while the EMA200 at $1,880.56 caps any recovery, and the MACD death cross at -11.23 keeps the structure bearish even as RSI at 42.43 remains neutral.

Traders watching ETH price prediction models note this latest round-trip highlights continued volatility without clear reversal signals on the timeframe.