Arthur Hayes has added to his ETH position again as onchain wallets, staking flows, and BlackRock’s ETHB fund keep Ethereum in focus.
Arthur Hayes is back in Ethereum. Onchain trackers and market reports show the BitMEX co-founder rebuilding his ETH exposure after a June exit.
Whale wallets are also moving in the same direction, with fresh buys and staking activity landing as ETH trades near the $1,935 area.
BlackRock’s staked Ethereum fund and a higher staking rate are keeping the institutional case in view.
Arthur Hayes ETH Buying Spree Returns
Lookonchain-linked reports said Hayes bought 1,293 ETH on July 15, after receiving 646 ETH from Galaxy Digital.
Arthur Hayes just scooped up another 1,332.5 ethereum:native ($2.53M) today, extending his July buying spree after dumping 6k ETH at a loss in June.$ETH is hovering around $1,906, and with whales accumulating alongside strong institutional flows, BlackRock’s staked ETF, rising… pic.twitter.com/gxMd3yAZ84
— Robert 🍌 (@iR0bertt) July 21, 2026
That came weeks after wallets tied to him sold 6,000 ETH in June at a loss of more than $600,000.
By July 16 and July 17, more reports said the total had climbed above 1,900 ETH, with the combined buys valued at about $3.7 million. That put Hayes back on the buy side just days after his earlier unwind.
The switch matters because his wallet activity often gets watched as a sentiment gauge. This time, the change came while Ethereum was already drawing a stronger bid from larger holders.
Whale ETH Demand and Staking Flow Build
Lookonchain also flagged two large wallet moves that added to the flow picture. One dormant wallet, 0x4cee, spent 20 million USDC to buy 10,501 ETH at about $1,905.
It looks like many whales are accumulating $ETH.
Whale 0x4cee woke up after 3 months of inactivity and spent 20M $USDC to buy 10,501 $ETH at $1,905.
A newly created wallet (0xf23c) withdrew 12,800 $ETH($24.47M) from #Binance over the past 24 hours and staked all of it.… pic.twitter.com/a4t4h4paUn
— Lookonchain (@lookonchain) July 21, 2026
A newly created wallet, 0xf23c, withdrew 12,800 ETH from Binance and staked all of it.
That kind of activity lines up with Ethereum’s staking base, which ethereum.org showed at 33% of total ETH supply.
A rising staking share reduces liquid supply and keeps more coins locked on the network.
BlackRock’s iShares Staked Ethereum Trust ETF, ETHB, also adds another channel for demand.
The fund launched on Nasdaq on March 12, 2026, and BlackRock says it seeks ether exposure while generating staking rewards from a portion of its holdings.
The fund’s fact sheet says ETHB aims to reflect ether’s price and staking rewards inside a traditional brokerage wrapper.
That keeps Ethereum in the middle of both crypto-native and Wall Street flows.
Read Also:
Arthur Hayes Dumps HYPE, NEAR, WLD as AI Drains Bitcoin Liquidity
ETH Price Holds Near the $1,900 Zone
Price action has matched the wallet activity. The price of Ethereum is up from $1905.20 on July 20 to $1934.89 on July 21, based on the CoinMarketCap history of ETH/USD.
The same table shows a weekly rise of 1,842.26 on July 17. That range has ETH near the $1,900 to $1,940 range that traders have been eyeing.
CoinGecko also displayed a chart spanning 24 hours that dipped down to the mid-$1,800s and then reversed into the $1,900s.
Despite the recovery, Ethereum remains significantly lower than it was at the time of its August 2025 high.
Current price according to CoinGecko is at $4,886.03, which is still in the recovery mode, not a breakout.
Leave a Reply
You must be logged in to post a comment.