Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

ETHFI Rallies 25% in a Week, and Arthur Hayes Pays Up to Get Back In

Source Beincrypto

Arthur Hayes has bought 1.9 million Ether.fi (ETHFI) tokens worth $1.17 million, returning to a position he walked away from earlier this year.

The BitMEX co-founder paid $0.62 per token. Onchain trackers put that entry well above the level where he last sold the same asset.

Arthur Hayes Chases ETHFI’s 25% Weekly Rally

Hayes sold 265,461 ETHFI at $0.44 in April, collecting roughly $118,000 and booking a loss. His new entry sits about 41% higher per token.

Arthur Hayes(@CryptoHayes) bought back 1.9M $ETHFI ($1.17M) at $0.62 4 hours ago.4 months ago, he sold 265,461 $ETHFI ($118K) at a loss at $0.44.Selling low and buying high again!https://t.co/gau6egd7Vm pic.twitter.com/5l2Shh3RaG
— Lookonchain (@lookonchain) August 24, 2026

Onchain analytics account Lookonchain surfaced the purchase roughly four hours after it settled, flagging it as another case of selling low and buying high.

ETHFI has climbed 25.3% over the past week amid a broader market rally. This beats Bitcoin’s (BTC) 21.4% gain, although Ethereum’s (ETH) 27.8% advance still leads. However, the token sits about 93% below its March 2024 record of $8.53.

ETHFI trades at $0.631 at press time, up 11.1% over 24 hours, according to BeInCrypto data. Market cap stands at $649.7 million, ranking the token 92nd.

Ether.fi (ETHFI) Price Performance. Source: BeInCrypto Markets

The pattern of selling low and buying high is not new. BeInCrypto reviewed three wallets attributed to Hayes. Those wallets lost $2.47 million across 124 recorded trades between December 2023 and August 2026.

ETHFI accounted for $474,000 of those losses. Ethena (ENA) was the only profitable position, up $3.23 million.

For now, the ETHFI position sits marginally above water. Whether this trade breaks the pattern depends less on the entry than on whether Hayes holds through the next drawdown.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Hurricane Isaias has shut in a quarter of Gulf oil output — can WTI clear $92 before Thursday's EIA report?WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.

Author Irene Q.

Oct 09, Fri

WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.

US September CPI preview: inflation set to hit 3.7% — will the Fed hike in December?US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.

Author Irene Q.

Oct 10, Sat

US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.

Gold posts first weekly gain in three weeks — can $4,200 hold through CPI?Spot gold closed at $4,194.645, up 1.47% — its first weekly gain in three weeks — and COMEX futures settled back above $4,200 at $4,220.30. Here are the drivers, the levels and the scenarios into Wednesday's CPI.

Author Irene Q.

Oct 10, Sat

Spot gold closed at $4,194.645, up 1.47% — its first weekly gain in three weeks — and COMEX futures settled back above $4,200 at $4,220.30. Here are the drivers, the levels and the scenarios into Wednesday's CPI.

WTI declines to near $90.00 despite escalating Middle East conflict, supply risks West Texas Intermediate (WTI) declines after two days of gains, trading around $90.00 per barrel during Asian hours on Monday.

Author FXStreet

6 hours ago

West Texas Intermediate (WTI) declines after two days of gains, trading around $90.00 per barrel during Asian hours on Monday.

Brent swings $105.63 to $102.33 as Gulf risk meets an 'energy ceasefire' — can $100 hold into CPI?Brent spiked to $105.63 in Asian trade on fresh Middle East supply incidents, then reversed to $102.33 after the US announced a Russia-Ukraine 'energy ceasefire' and 300,000+ tonnes of Russian diesel headed to global markets; WTI fell through $90. Here are the drivers, the levels and the scenarios into Wednesday's US CPI.

Author Irene Q.

2 hours ago

Brent spiked to $105.63 in Asian trade on fresh Middle East supply incidents, then reversed to $102.33 after the US announced a Russia-Ukraine 'energy ceasefire' and 300,000+ tonnes of Russian diesel headed to global markets; WTI fell through $90. Here are the drivers, the levels and the scenarios into Wednesday's US CPI.

Popular Symbols