**Arthur Hayes Sells $2.45 Million in Crypto, Triggering Market Volatility**

Arthur Hayes, former CEO of BitMEX, reportedly sold $2.45 million worth of cryptocurrency on November 16, 2025. The assets sold include Ethereum (ETH), Enzyme (ENA), Lido DAO Token (LDO), Aave (AAVE), and Uniswap (UNI), according to data tracked by Lookonchain. This sizable liquidation has stirred notable volatility in the crypto markets, particularly impacting DeFi tokens’ liquidity and Ethereum’s price support levels.

Despite the significant market movement, Hayes has not released any official statements explaining the reasons behind these transactions.

### Ethereum Market Faces Volatility Amid Large Sell-off

The immediate effects of Hayes’ large-scale asset disposal have been apparent across various market segments. His sale of substantial quantities of digital assets, especially Ethereum, has exposed underlying market weaknesses and raised concerns over maintaining support at critical price points. The rapid liquidation has introduced short-term instability that investors are watching closely.

Financial experts have weighed in on the situation, highlighting the temporary strain on the market. Tom Lee, a well-known industry key opinion leader (KOL), commented:

> “In my view, the weakness in cryptocurrencies has all the following signs: a significant gap in the balance sheets of one (or two) market makers; sharks are poised to sell Bitcoin, attempting to trigger a liquidation/price crash. This pain is short-term and will not change Wall Street’s supercycle of building Ethereum on the blockchain. Now is not the time to use leverage. Don’t let yourself get liquidated.”

### Market Data and Insights

Large-scale transactions by influential figures like Arthur Hayes have historically led to significant market dips. These events sometimes coincide with broader economic trends, affecting investor sentiment and the valuation of assets.

As of the latest data from CoinMarketCap:
– **Ethereum (ETH) price:** $3,068.35
– **Market capitalization:** Approximately $370.34 billion
– **Market dominance:** 11.65%
– **24-hour trading volume:** $26.36 billion (down 4.33%)
– **90-day price change:** ETH has experienced a 29.86% decline over the past three months.

Investors should monitor the evolving market dynamics closely and consider the potential short-term volatility resulting from large sell-offs like this one.
https://bitcoinethereumnews.com/crypto/arthur-hayes-liquidates-over-2-million-in-crypto-assets/