Ethereum Price to Soar After Merge If This Scenario Plays Out, Arthur Hayes Says

Ethereum Price to Soar After Merge If This Scenario Plays Out, Arthur Hayes Says



Alex Dovbnya

Former BitMEX CEO Arthur Hayes believes that the price of Ethereum could soar higher after the merge upgrade

Arthur Hayes, the former CEO of the BitMEX cryptocurrency exchange, claims that the current Ethereum futures term structure may point to a significant rally after the merge.

Backwardation described a term structure where futures contracts trade lower compared to the cryptocurrency spot price.

While it might be seen as a reason to be bearish on the price of Ethereum,…


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