Just saw that Arthur Hayes had to buy back a massive amount of ETH after selling off like $8.3 million worth. That's wild - you'd think someone that experienced would have timed it better, but I guess even the pros get caught on the wrong side of a move sometimes.



Arthur Hayes apparently sold thinking the price would go lower, but then it pumped and he had to chase it back. Not the cleanest exit from a position. Makes you wonder what his thesis was at the time - was it a hedge, profit taking, or just a miscalculation? Either way, having to buy it all back must have stung the wallet a bit.

Kind of a humbling reminder that even people with serious experience in the space can get it wrong on timing. Arthur Hayes' move is actually a pretty good case study in why you shouldn't always try to catch the exact bottom or top. What's your take - do you think he knew something about the market or just got lucky when he had to rebuy?
ETH2.44%
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