According to @lookonchain, Arthur Hayes deposited 1.22M ETHFI (about $1.88M) to Binance and Galaxy Digital for sale roughly 50 minutes ago, with the transaction tied to Arkham address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21 (source: @lookonchain; Arkham explorer). Based on @lookonchain’s reported figures, the transfer implies an average value of approximately $1.54 per ETHFI, corroborated by the referenced Arkham address (source: @lookonchain; Arkham explorer). The destinations indicate centralized exchange execution, and the intent was explicitly flagged as "for sale" by @lookonchain using Arkham data (source: @lookonchain; Arkham explorer). In light of @lookonchain’s alert and the Arkham-referenced address, traders may monitor ETHFI order books on Binance and Galaxy Digital and watch on-chain movements from 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21 to gauge execution and liquidity impact (source: @lookonchain; Arkham explorer).

According to Kook Capital LLC, they successfully executed a sell order at the peak of the SBR cryptocurrency's price surge, which is now being referred to as a scam pump. This strategic move highlights the importance of timely market exits in volatile trading environments (Kook Capital LLC, March 4, 2025).