Arthur Hayes, co-founder of BitMEX, bought back 2,373 ETH worth $8.32 million after selling at $3,507. He later invested $10.5 million in USDC to purchase ETH at prices above $4,150. Hayes warned of a crypto drop due to macroeconomic pressures, selling over $13 million in crypto. Institutions acquired $4.17 billion in ETH.

Read more at Cointelegraph: Arthur Hayes Buys Back ETH Higher, ‘Pinky Swears’ to Never Take Profit Again