TLDR
- Arthur Hayes sold 6,000 ETH at $1,690, locking in a $606,000 loss after attempting for at an common of $1,793
- Hayes accumulated roughly $10.6 million value of ETH over recent days sooner than offloading
- K3 Capital and a Chun Wang-linked pockets bought over 17,000 ETH mixed at some point of the equal period
- Ethereum is procuring and selling on the subject of $1,700, on the subject of the 78.6% Fibonacci retracement beef up stage
- Technical indicators including RSI and MACD remain bearish, with a key liquidity cluster on the subject of $1,800
BitMEX co-founder Arthur Hayes sold 6,000 Ethereum at a loss this week, whilst loads of enormous investors added to their positions on the subject of a key beef up zone.
Fixed with blockchain monitoring platform Lookonchain, Hayes accumulated spherical 5,900 ETH over recent days at an common label of $1,793 per token, spending roughly $10.58 million in complete.
Arthur Hayes(@CryptoHayes) is calling for excessive and selling low yet again.
All around the last 4 days, he accumulated 5,900 ETH($10.58M) at an common label of $1,793.
Heavenly 4 hours ago, he dumped 6,000 $ETH($10.14M) at $1,690, incurring a $606K loss.https://t.co/YIuiTiAoWm… pic.twitter.com/LVCqzyTDrc
— Lookonchain (@lookonchain) June 19, 2026
He then sold 6,000 ETH at an common label of $1,690, bringing in about $10.14 million. That puts his estimated loss at spherical $606,000.
The ride turned into as soon as ordinary for Hayes. He’s mostly known for attempting for sources at lower prices and selling higher. Selling at a loss has raised questions amongst traders searching at his on-chain bid.
Whales Proceed Trying to procure While Hayes Exits
No longer everybody pulled assist on the equal time. Lookonchain files presentations that loads of enormous holders had been actively amassing ETH spherical the equal beef up zone.
Whales are amassing $ETH!
K3 Capital withdrew 10,000 $ETH($16.92M) from #Binance 2 hours ago.
The pockets linked to Chun Wang (@satofishi) withdrew one more 7,650 $ETH($12.93M) from #Binance over the previous 2 hours.https://t.co/GVtw9VVu1xhttps://t.co/gUirS51lPB pic.twitter.com/sqvJ3X9Evs
— Lookonchain (@lookonchain) June 19, 2026
Investment firm K3 Capital withdrew 10,000 ETH value approximately $16.9 million from Binance. A pockets linked to entrepreneur Chun Wang moreover picked up 7,650 ETH valued at on the subject of $12.9 million.
Collectively, those two purchases memoir for higher than 17,000 ETH, signaling that some huge avid gamers investigate cross-take a look as we remark prices as a attempting for opportunity.
This comes after a pockets connected to Hayes got 3,000 ETH value about $5.42 million from market maker Flowdesk on June 15, at some point of a transient market rally tied to easing tensions in the Heart East.
Where Ethereum Stands Technically
Ethereum turned into as soon as procuring and selling on the subject of $1,700 on the time of writing, successfully below its April high above $2,400 and its June low on the subject of $1,507.
On the day to day chart, ETH is sitting on the subject of the 78.6% Fibonacci retracement stage on the subject of $1,703. That is a stage traders in total probe for indicators of stabilization after a pointy decline.
The day to day RSI remains below 50, and the MACD is aloof below the zero line. Each counsel investors have no longer yet taken abet watch over of the pattern.
Key Imprint Stages to Leer
Liquidation heatmap files from CoinGlass presentations heavy liquidity clustered between $1,780 and $1,820, with a enormous concentration on the subject of the $1,800 put.
Analyst Crew LAMBO a lot on June 19 that Ethereum has developed a decided procuring and selling differ between roughly $1,500 and $1,800. A break beyond both boundary could region the direction for the next ride.
We got rejected off the purpose of passion which turned into as soon as confluence with the fib stage. Now in the obligatory zone the put now a decided zone is established between 1500-1800. Atomize both aspect and we budge that contrivance. https://t.co/jlQEvQU2oC pic.twitter.com/X8382jCyNx
— Crew LAMBO (@TehLamboX) June 19, 2026
On the 4-hour chart, ETH remains below a descending trendline that has held since early Might perhaps well. The Supertrend indicator continues to point bearish.
A push above $1,780 to $1,800 resistance could initiating the door toward $1,856. If beef up at $1,700 breaks, the next areas of focal point could be $1,620 and the June low on the subject of $1,507.
Hayes has moreover lately sold his Worldcoin, Hyperliquid, and NEAR token holdings, adding to the cautious mood spherical his broader crypto positioning.
