Hayes Ghost Wallet Sneaks Back In: 3,000 ETH Buy Says "Macro De-Risking Cancelled" 🐸

A wallet possibly linked to BitMEX co-founder Arthur Hayes received 3,000 ETH worth roughly $5.42 million from market maker Flowdesk on June 15, according to on-chain tracker Lookonchain. "A wallet possibly linked to Arthur Hayes received 3,000 ETH ($5.42M) from Flowdesk an hour ago," the tracker wrote on X.

The purchase comes after weeks of aggressive de-risking by Hayes, chief investment officer of Maelstrom. In a June 8 essay titled "Reality Test," Hayes liquidated his Hyperliquid ($HYPE), Near Protocol ($NEAR) and Worldcoin ($WLD) holdings and exited Zcash ($ZEC), describing the moves as defensive macro positioning rather than a loss of conviction in the projects. He kept Bitcoin ($BTC) and Ether ($ETH) as core holdings.

Even while trimming altcoins, Hayes has maintained a structurally bullish view on Ethereum. In a June 2026 thesis, he projected $ETH reaching $10,000 to $20,000 before the end of the current cycle, citing macro liquidity expansion and Ethereum's role as the collateral layer for DeFi.

The buy coincided with a shift in the macro backdrop. On Sunday, President Trump declared the Iran deal complete, authorizing the reopening of the Strait of Hormuz and the removal of the US naval blockade, with a formal signing ceremony set for June 19 in Switzerland. Bitcoin topped $66,500 following the announcement that Hormuz shipping had resumed.

On-chain data shows the 3,000 ETH transfer landed in the Hayes-linked wallet roughly an hour after Flowdesk executed the transaction, marking one of the largest single-asset additions to the address in recent weeks.