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Arthur Hayes has purchased $5.4 million worth of Ether ($ETH), with the buy timed to follow news of an Iran peace deal, according to a report from Yahoo Finance.
The Trade and Its Trigger The purchase ties a macro geopolitical development directly to a single large ETH position.
A peace deal involving Iran would, in theory, reduce risk premiums embedded in oil and regional risk assets — and some traders read that as a signal to rotate into higher-beta assets like Ethereum.
Hayes appears to have made that call explicitly, linking the entry point to the diplomatic development rather than any Ethereum-specific catalyst.
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