Ethereum price prediction – Can Arthur Hayes’ $7.8mln bet fuel $2.2K?

BitMEX co-founder Arthur Hayes appears to be rising Ethereum publicity. In line with on-chain information, Hayes-linked addresses have acquired a complete of 4.4K ETH previously two days. 

Notably, the 0x795d pockets acquired 1.4K ETH value 2.51 million from FalconX previously few hours. Earlier within the week, the identical pockets acquired 3K ETH ($5.43M) from Flowdesk. As of writing, this pockets holds $7.8M value of ETH. 

Value noting that the identical handle offered practically $700K Worldcoin [WLD] final week, additional confirming Hayes latest sell-off citing SpaceX IPO.

Actually, the crypto investor dumped NEAR, HYPE, and different altcoins forward of the SpaceX IPO, claiming that the debut would have an effect on crypto liquidity. 

Surprisingly, the other occurred. Bitcoin bottomed out once more close to $60K and bounced to almost $67K, lifting the altcoins he dumped. 

So, what modified, and why is he quietly repositioning on the biggest altcoin? 

ETH: U.S-Iran hopes meet Fed price choice

First, at the moment will mark the primary Fed price choice beneath the brand new chair, Kevin Warsh. However earlier than that, the reduction rally seen this week adopted the broadly anticipated U.S-Iran deal.

Whereas previous declared offers fell aside shortly afterwards, it isn’t clear whether or not this newest one will maintain. 

If it holds, then oil costs will proceed to fall, successfully boosting threat sentiment and easing inflation fears.

Actually, oil costs fell to $75, the bottom in two months, on the anticipated U.S-Iran deal. Value mentioning, BTC and broader crypto rallied as oil costs dropped. The altering geopolitical tensions may clarify Hayes’ new positioning on ETH. 

After dropping to a yearly low of $1.5K, the ETH value recovered practically 20% to over $1.8K. As of writing, the altcoin dropped barely to $1.76K forward of the Fed price choice. It was unclear whether or not the Warsh’s Fed price choice would derail the rally. 

What’s subsequent for the ETH value?

Individually, the U.S. Spot ETH ETF noticed two days of day by day web inflows totaling $32M, underscoring a bullish begin to the week. 

Whereas the macro and geopolitical will decide ETH’s near-term swings, Nansen had earlier warned that ETH was nonetheless lacking key catalysts for a powerful rebound. 

Even so, the MVRV pricing bands confirmed ETH has dropped under a key degree (blue line) that marked the February 2026 native and 2022 bear market bottoms. As such, the $1.5K was an excellent low cost if historical past repeats.

The following upside goal could be $2.2K if $1.8K help is decisively reclaimed, implying a 20% potential acquire. 

Closing Abstract

• Arthur Hayes has elevated his ETH publicity by $7.84M after dumping a number of altcoins final week
• If the U.S.-Iran deal holds, there’s a potential for an additional 20% ETH rally to $2.2K