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Reading: Lost Millions of Dollars in Ethereum
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Your Crypto News Today > News > Crypto > Ethereum > Lost Millions of Dollars in Ethereum
Ethereum

Lost Millions of Dollars in Ethereum

August 10, 2025 1 Min Read
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BitMEX co-founder Arthur Hayes bought 2,373 ETH for roughly $8.32 million per week in the past, when the ETH worth was round $3,507.

Nevertheless, in line with the most recent on-chain knowledge, Hayes eliminated 10.5 million USDC from his pockets 4 hours in the past to buy Ethereum. This time, the acquisition occurred at an ETH worth of $4,225.

Hayes’ present asset allocation is as follows:

  • Ethereum (ETH): 4,424 ETH (~$18.7 million)
  • Ether.fi Staked ETH (EETH): 3,097 EETH (~$13.07 million)
  • USDC: $12.43 million
  • Wrapped EETH (WEETH): 1,167 WEETH (~$5.29 million)
  • Pendle (PENDLE): 253,463 PENDLE (~$1.38 million)
  • Wilder World (WILD): 1.96 million WILD (~$925.5k)

The overall portfolio worth is calculated at roughly $52.19 million.

Had Arthur Hayes not bought the two,373 ETH, he would have made roughly $1.70 million in further revenue in the present day.

Hayes, founding father of cryptocurrency trade BitMEX, was linked to quite a few scandals throughout his time as CEO. It was alleged that Hayes instructed buyers to “blow up their quick positions” in Discord chats.

*This isn’t funding recommendation.

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