Ethereum Price Faces $2,200 Downside Test as Arthur Hayes Sells ETH, ENA, and UNI

Key Insights Ethereum price slips below $2,350 as Ted Pillows flags a $2,200–$2,250 downside. Arthur Hayes reports $22.28M in sales across seven altcoin positions. BitMine added 12,535 ETH, lifting holdings to 6,041,481 ETH total. The Ethereum price slipped below $2,350 on October 24 as Arthur Hayes disclosed selling $22.28 million in altcoins. His reported sales included ETH, ENA, UNI, and four other tokens. Analyst Ted Pillows said a daily close below $2,350 could expose ETH to $2,200–$2,250. The 24-hour chart placed the Ethereum price at $2,343.83, down 2.5%. It showed a high of $2,411.96 and a low of $2,331.13. Meanwhile, the price levels and targets mentioned here are based purely on technical analysis and are not guarantees of future returns.

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