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Arthur Hayes sells 6,000 ETH at a loss amid Ethereum's critical support test near $1,700.

Technical Signals
19 Jun 2026
Crypto news
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Neutral
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Arthur Hayes, co-founder of BitMEX, sold 6,000 Ethereum tokens at a $606,000 loss after recently buying nearly $10.6 million worth of ETH. Despite his sell-off, other large investors like K3 Capital and a wallet linked to entrepreneur Chun Wang continue to accumulate ETH around a key support zone near $1,700. Ethereum is currently trading below key resistance levels and faces a crucial support range between $1,500 and $1,800, with technical indicators showing mixed signals. The next significant price move will likely depend on whether ETH breaks above $1,800 or falls below $1,700, with liquidation data highlighting strong liquidity clusters around these levels.

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