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Arthur Hayes and major investors buy millions in Ethereum amid recent token sales and market moves

Market News
17 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Arthur Hayes, after selling several tokens including ZEC and NEAR, has returned to buying Ethereum, acquiring 1,400 ETH worth about $2.5 million. His recent sales caused price drops, notably ZEC which fell over 50% before recovering. Alongside Hayes, other large investors like geministar.eth and Tom Lee-led Bitmine have also increased their Ethereum holdings significantly, with purchases totaling tens of millions of dollars. This activity highlights continued strong interest in Ethereum from major holders despite recent market volatility.

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