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Crypto

Arthur Hayes Sells 2,364 ETH at Loss, Deposits USDC to Cumberland and Galaxy Digital

By GFdaily Newsroom
Arthur Hayes, ETH, Cumberland, Galaxy Digital, USDC, loss, Lookonchain, cryptocurrency
August 8, 2026 1 min read
Arthur Hayes Sells 2,364 ETH at Loss, Deposits USDC to Cumberland and Galaxy Digital

tags. Let's translate paragraph by paragraph. First paragraph: "Arthur Hayes, the former BitMEX CEO, deposited 2,364.38 ETH into trading firms Cumberland and Galaxy Digital on Tuesday, receiving 4.3 million USDC in return. The sale price of $1,821 per Ether left him with a loss of $241,000 — about 5.3% on that portion of his holdings." Translation: "Arthur Hayes, a BitMEX korábbi vezérigazgatója, kedden 2 364,38 ETH-t helyezett el a Cumberland és a Galaxy Digital kereskedőcége

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