Key Notes
- Arthur Hayes has bought $16.43M worth of ETH and altcoins over the past five days.
- His biggest purchase was 1,750 ETH worth $7.43M, now in profit by over $638K.
- Only ETH and HYPE are in profit, while other holdings show moderate paper losses.
Arthur Hayes, the co-founder of BitMEX and one of cryptoโs most closely watched traders, has returned to aggressive buying just days after unloading a significant chunk of his portfolio.
Data from Lookonchain reveals that over the past five days, Hayes has accumulated a wide range of altcoins alongside a major Ethereum
ETH
$4 636
24h volatility:
0.4%
Market cap:
$560.63 B
Vol. 24h:
$63.95 B
buyback.
His purchases include 1,750 ETH worth approximately $7.43 million, 58,631 HYPE
HYPE
$48.11
24h volatility:
3.6%
Market cap:
$16.08 B
Vol. 24h:
$563.97 M
at $2.62 million, 3.1 million ENA
ENA
$0.73
24h volatility:
1.3%
Market cap:
$4.83 B
Vol. 24h:
$1.59 B
for $2.48 million, 1.29 million LDO
LDO
$1.40
24h volatility:
0.7%
Market cap:
$1.25 B
Vol. 24h:
$388.07 M
at $1.83 million, 184,610 PENDLE
PENDLE
$5.47
24h volatility:
4.9%
Market cap:
$911.90 M
Vol. 24h:
$267.79 M
valued at $1.02 million, and 420,000 ETHFI
ETHFI
$1.21
24h volatility:
1.6%
Market cap:
$510.44 M
Vol. 24h:
$181.91 M
for $516,600.
Arthur Hayes(@CryptoHayes) bought more $HYPE, $LDO, and $ENA today.
Over the past 5 days, Arthur Hayes has purchased a total of 1,750 $ETH($7.43M), 58,631 $HYPE($2.62M), 3.1M $ENA($2.48M), 1.29M $LDO($1.83M), 184,610 $PENDLE($1.02M), and 420,000 $ETHFI($516.6K).โฆ pic.twitter.com/dyy6nDxTer
โ Lookonchain (@lookonchain) August 15, 2025
Reversal in Strategy
The trading legendโs recent spree follows a dramatic reversal in strategy. Earlier this month, Hayes sold off most of his holdings, including 2,373 ETH worth $8.32 million, converting them into stablecoins as he warned of potential market turbulence.
Hayes pointed to US tariffs and weaker-than-expected jobs data as risks that could see Bitcoin
BTC
$118 855
24h volatility:
0.7%
Market cap:
$2.37 T
Vol. 24h:
$61.34 B
retrace to $100,000 and Ether revisit $3,000.
But just days later, with ETH trading near $4,600, Hayes moved $10.5 million in USDC
uSDC
$1.00
24h volatility:
0.0%
Market cap:
$67.69 B
Vol. 24h:
$25.36 B
back into the market to buy ether, signaling renewed bullishness. In a post on X, he even admitted he โhad to buy it all backโ while sharing an ETH chart.
Had to buy it all back, do you forgive me @fundstrat ?
I pinky swear, I’ll never take profit again.
๐๐๐๐๐ pic.twitter.com/jRWfaCEPE6
โ Arthur Hayes (@CryptoHayes) August 9, 2025
Hayesโ Portfolio Breakdown
According to the latest portfolio breakdown, only ETH and HYPE are currently in profit, netting Hayes gains of $638,560 and $206,145 respectively.
Arthur Hayes Portfolio | Source: Lookonchain
The rest of the bag, ENA, LDO, PENDLE, and ETHFI, are showing moderate paper losses, with ENA down the most at $250,246. In total, his holdings stand at $16.43 million, up around $534,000 from his $15.9 million cost basis.
ไผ ๅฅไบคๆๅ Arthur Hayes๏ผไปๅคฉ็ปง็ปญๅ ไปไบ HYPEใLDO ๅ ENAใ
ๅจ่ฟๅป็ 5 ๅคฉ๏ผไปๅๅซไนฐๅ ฅไบไปฅไธไปฃๅธ๏ผ
1750 ๆ ETH๏ผ็บฆ 743 ไธ็พๅ ๏ผ
5.8 ไธๆ HYPE๏ผ็บฆ 262 ไธ็พๅ ๏ผ
310 ไธๆ ENA๏ผ็บฆ 248 ไธ็พๅ ๏ผ
129 ไธๆ LDO๏ผ็บฆ 183 ไธ็พๅ ๏ผ
18.46 ไธๆ PENDLE๏ผ็บฆ 102 ไธ็พๅ ๏ผ
42 ไธๆ ETHFI๏ผ็บฆ 51.66โฆ https://t.co/YzKwkJzptn pic.twitter.com/ehrrDYiaXbโ AB Kuai.Dong (@_FORAB) August 15, 2025
Hayesโ rapid flip from cautious to aggressive suggests he is positioning for a potential altcoin rally. His timing aligns with a broader shift in sentiment across the crypto market, where Ethereum strength has been leading talk of an altseason.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.