Arthur Hayes mocks his "selling low, buying high" ETH post: vowing never to take profits again

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On August 9, BitMEX co-founder Arthur Hayes wrote self-mockingly, "Selling ETH low and buying high," and "I must buy back everything, can you forgive me @Thomas Lee, I swear I won't profit and close out again."

A week ago, Arthur Hayes sold 2,373 ETH when the price was around $3,507, and he bought back ETH at a higher price 4 hours ago.

Thomas Lee, chairman of the board of BitMine (BMNR), the largest ETH holding institution, has recently been frequently shilling ETH in the crypto community, attracting attention. His statements include: "Ethereum is at a critical moment similar to Bitcoin in 2017, and some will regret not betting at this moment. As Wall Street's focus on cryptocurrencies gradually increases, Ethereum is becoming the core platform in the process of 'tokenization' of financial markets, which is one of the biggest macro trading events in the next decade. Based on the ETH/BTC exchange rate during the 2021 peak, ETH may rise to $16,000."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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