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Ethereum nears $1,900 resistance as Arthur Hayes buys $2.5M ETH, signaling potential breakout to $2,000.

Technical Signals
26 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Arthur Hayes, co-founder of BitMEX, purchased 1,290 ETH worth about $2.5 million, adding to growing interest in Ethereum as it consolidates below the critical $1,900 resistance level. Analysts are watching closely to see if ETH can break above $1,900, which could trigger a move toward $2,000 and possibly higher resistance levels around $2,200 and $2,400. Meanwhile, Ethereum's network activity remains strong with steady new smart contract deployments, indicating ongoing developer engagement despite recent price volatility. The combination of institutional buying and healthy network growth suggests Ethereum may be poised for a significant price move if it can sustain support above $1,900.

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