The wallet is described as "possibly linked" to Arthur Hayes because it has previously interacted with a FalconX deposit address that was known to receive funds directly from the BitMEX co-founder . However, this connection is circumstantial. Multiple reports from MEXC, KuCoin, BloomingBit, and Benzinga explicitly state that the direct relationship between the wallet and Arthur Hayes has not been independently verified or confirmed by Hayes himself . Onchain Lens itself described the link as unverified, reminding the market that on-chain attribution is not always definitive .

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 The withdrawn ETH was worth approximately $14.99 million, with a withdrawal price of roughly $1,720.30 per token .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.

The wallet is described as "possibly linked" to Arthur Hayes because it has previously interacted with a FalconX deposit address that was known to receive funds directly from the BitMEX co-founder . However, this connection is circumstantial. Multiple reports from MEXC, KuCoin, BloomingBit, and Benzinga explicitly state that the direct relationship between the wallet and Arthur Hayes has not been independently verified or confirmed by Hayes himself . Onchain Lens itself described the link as unverified, reminding the market that on-chain attribution is not always definitive .

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.