Hayes Wallet Buys $5.4M in ETH After Trump Announces Iran Deal

Arthur Hayes' wallet bought $5.4 million in Ethereum just after the US-Iran peace deal was announced.

The wallet, possibly tied to BitMEX co-founder Arthur Hayes, received 3,000 ETH worth approximately $5.42 million from market maker Flowdesk on June 15.

This purchase is notable because Hayes had been aggressively cutting risk over the past two weeks, selling off holdings in altcoins such as Hyperliquid and Near Protocol while keeping Bitcoin and Ether as core investments.

Hayes has maintained a bullish stance on Ethereum, predicting it will reach $10,000 to $20,000 before the end of this cycle due to macro liquidity expansion and its role as a collateral layer for DeFi.

The timing of the purchase coincides with improving shipping flows through the Strait of Hormuz after President Trump's announcement that maritime traffic had resumed more freely.