Arthur Hayes: ETH is the largest position outside of Bitcoin; breaking through $3,000 could quickly send it toward $5,000
2026-08-21 07:51
Odaily Planet Daily News: Arthur Hayes stated that ETH is his largest portfolio position after Bitcoin. He believes that ETH, as the second-largest crypto asset by market cap, has still not surpassed its 2021 all-time high, and carries a lower risk of going to zero compared to other crypto assets, offering a favorable risk-reward ratio.
Hayes believes that ETH's gains have been relatively limited in this cycle, leaving significant room for a catch-up rally. Once it breaks through $3,000 and establishes a reflexive uptrend, the price could quickly rise above $5,000.
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