Arthur Hayes Sells $2.5 Million in Crypto: Market Impact Looms Large

Crypto influencer Arthur Hayes sold a significant portion of his Ethereum and associated tokens, resulting in notable market ripples. The sales, valued at approximately $2.5 million, involve a mix of ETH, ENA (an altcoin on the Binance chain), and ETHFI, which is an Ether token focused on DeFi applications. The transactions were completed on November 16, 2025, and were recorded by blockchain analytics platforms like Lookonchain. Notably, Hayes’ actions triggered substantial trading volume increases for ENA and ETHFI (10-20% surge in volume). 24 hours later, Hayes made comments about his sales without further explanation. While the reasons behind the sale remain unclear, this move exemplifies how significant figures in the crypto space can exert strong market influence. The impact of these sales on Ethereum’s price remains to be seen, although some traders are watching for opportunities based on potential shifts in liquidity and price stability.