Ethereum News: A wallet linked to Arthur Hayes picked up 3,000 ETH—valued at about $5.42 million—from market maker Flowdesk on June 15, according to Lookonchain. The transfer aligned with a near 6% jump in Ethereum following news of a U.S.–Iran peace agreement.

The buy suggests Hayes is moving back into direct ETH exposure after trimming altcoin positions, stepping in as a major macro risk factor clears.

Markets reacted quickly to the geopolitical shift. U.S. President Donald Trump confirmed the Iran deal and the reopening of the Strait of Hormuz, sending crude oil prices up more than 5% to roughly $80.53 per barrel.

Easing energy-driven inflation improves conditions for risk assets. Ethereum responded by climbing to $1,828—its highest level in over a week—outperforming most major cryptocurrencies on the day.

Ethereum News: Whales Add Aggressively

Hayes wasn’t alone. Large holders collectively accumulated over $42 million in ETH within hours, pointing to institutional-scale buying rather than retail-driven momentum.

The move follows Hayes’ recent portfolio reshuffle. In his June 8 essay Reality Test, the Maelstrom CIO revealed exits from Hyperliquid, Near Protocol, Worldcoin, and Zcash, describing them as defensive moves tied to macro uncertainty, not a change in long-term conviction.

Bitcoin and Ethereum remained core positions, making the latest ETH purchase an expansion rather than a fresh entry.

ETH Price Pushes Key Resistance

Ethereum’s rally is backed by improving technicals. On the daily chart, ETH broke above a descending trendline that had capped price action since late April, invalidating a bearish flag formed after the drop from around $2,400.

Momentum indicators are turning supportive. The MACD has flipped bullish, while Chaikin Money Flow is trending higher, signaling weakening sell pressure.

The next key level sits at the 0.618 Fibonacci retracement near $1,858. Holding this level on a pullback would confirm a broader trend shift.

Analyst Ali Martinez has identified an ascending triangle on the 4-hour chart, targeting a move toward $1,850—closely aligned with that resistance.

A clean breakout above $1,858 with volume would strengthen Ethereum’s near-term outlook.

Hayes has previously projected ETH could reach $10,000 to $20,000 this cycle, driven by expanding liquidity and Ethereum’s central role in decentralized finance.

The June 15 purchase—executed through a professional desk and timed with a macro turning point—shows that thesis is now being actively deployed in the market.