Key Insights: Arthur Hayes, co-founder of BitMEX, transferred 508.647 ETH worth $1.5 million to a Galaxy Digital deposit address on December 19 at approximately 10 am UTC, sparking speculation about potential selling pressure on the Ethereum price. The move came as digital asset markets shed nearly $300 billion in market capitalization over seven days. It [...]The post Arthur Hayes Dumps $1.5M ETH to Galaxy Digital as Ethereum Price Looks for a Local Bottom appeared first on The Coin Republic.