Ethereum Whale Watch: Wallet Possibly Tied to Arthur Hayes Buys $5.4M ETH

The purchase coincided with a broader market uplift. ETH's price gained ground alongside other cryptocurrencies following news of a U.S.-Iran peace deal, which improved overall market sentiment .

geministar.eth Withdraws and Stakes $15 Million in ETH

In a separate development, on-chain analyst Ai Yi reported that the wallet with the ENS address geministar.eth (0x49C...F1f2) withdrew 8,715 ETH from Binance . The withdrawn ETH was worth approximately $14.99 million, with a withdrawal price of roughly $1,720.30 per token .

Rather than holding on an exchange, the funds were immediately deposited into EtherFi, a liquid staking protocol, signaling a long-term bullish strategy to earn yield on the assets . This move reduces the liquid supply of ETH on exchanges, which can be interpreted as a positive signal for price support.

ETH Price Context: Recovery from the Lows

These whale movements occurred against a backdrop of a recovering but still depressed Ethereum price.

• On June 15, 2025, ETH was trading at $1,784.85 at 9:15 a.m. ET, marking a $119 increase from the prior day . Other data sources show ETH fluctuating between $1,773 and $1,792 that day .
• This price represented a significant fall from the market's highs. Ethereum's all-time high was $4,946.05, and its 2025 peak reached $4,952 in August 2025 .
• Therefore, the June 15 price was roughly 64% below the 2025 top, showcasing a market still in a deep retracement but beginning to climb from its lowest points.

The combination of an OTC buy from a wallet linked to a prominent industry figure and a large-scale staking move suggests that certain well-capitalized investors may see the sub-$1,800 range as an attractive accumulation zone.