Arthur Hayes Just Dumps 96.6K Hyperliquid Crypto 3 Weeks After Predicting 126x Pump
The post Arthur Hayes Just Dumps 96.6K Hyperliquid Crypto 3 Weeks After Predicting 126x Pump appeared on BitcoinEthereumNews.com. Key Insights: BitMEX co-founder Arthur Hayes just sold 96,000 Hyperliquid crypto, after predicting the token would rally 126x Hayes cited an impending $500 million monthly token unlock as his chief reason for exiting The sale netted Hayes a profit of roughly $823,000 (a 19% gain), which he joked would go towards a Ferrari Testarossa deposit; the move triggered an immediate ~8% dip in HYPE’s price. BitMEX co-founder Arthur Hayes knows exactly how to make headlines and how to cash out before everyone else realizes they’re late to the party. Three weeks ago, Hayes stood on the virtual Crypto Twitter stage predicting Hyperliquid (HYPE) crypto would rally 126 times its price over the next three years. Fast forward to this weekend, and Hayes had just unloaded his entire stack: 96,600 Hyperliquid crypto, worth a cool $5.1 million. And if Hayes’ timing looks suspect to traders, he doesn’t seem to care, posting with trademark flair: “Need to pay my deposit on the new Rari 849 Testarossa,” He turned an $823,000 profit in about a month and threw a little Ferrari into the mix for good measure. But why sell HYPE now after making such bullish predictions straight in the faces of the most plugged-in traders around? Is Hayes’ “long-term thesis” all talk, or is there more to his swing-for-the-fences style? Arthur Hayes Dumps Hyperliquid Crypto After Bullish Prediction On-chain sleuths wasted no time in dissecting the wallet moves of Arthur Hayes. Lookonchain recently revealed the Hyperliquid crypto transactions of Hayes, and the market instantly felt the tremor. HYPE price dropped over 8% following the sell, slipping below $50 just hours later. Arthur Hayes Dumps Hyperliquid Crypto | Source: LookonChain This is anything but unusual for Arthur Hayes. Just last month, he liquidated over 2,300 ETH, worth $8.3 million, right after touting a…
The post Arthur Hayes Just Dumps 96.6K Hyperliquid Crypto 3 Weeks After Predicting 126x Pump appeared on BitcoinEthereumNews.com.
Key Insights: BitMEX co-founder Arthur Hayes just sold 96,000 Hyperliquid crypto, after predicting the token would rally 126x Hayes cited an impending $500 million monthly token unlock as his chief reason for exiting The sale netted Hayes a profit of roughly $823,000 (a 19% gain), which he joked would go towards a Ferrari Testarossa deposit; the move triggered an immediate ~8% dip in HYPE’s price. BitMEX co-founder Arthur Hayes knows exactly how to make headlines and how to cash out before everyone else realizes they’re late to the party. Three weeks ago, Hayes stood on the virtual Crypto Twitter stage predicting Hyperliquid (HYPE) crypto would rally 126 times its price over the next three years. Fast forward to this weekend, and Hayes had just unloaded his entire stack: 96,600 Hyperliquid crypto, worth a cool $5.1 million. And if Hayes’ timing looks suspect to traders, he doesn’t seem to care, posting with trademark flair: “Need to pay my deposit on the new Rari 849 Testarossa,” He turned an $823,000 profit in about a month and threw a little Ferrari into the mix for good measure. But why sell HYPE now after making such bullish predictions straight in the faces of the most plugged-in traders around? Is Hayes’ “long-term thesis” all talk, or is there more to his swing-for-the-fences style? Arthur Hayes Dumps Hyperliquid Crypto After Bullish Prediction On-chain sleuths wasted no time in dissecting the wallet moves of Arthur Hayes. Lookonchain recently revealed the Hyperliquid crypto transactions of Hayes, and the market instantly felt the tremor. HYPE price dropped over 8% following the sell, slipping below $50 just hours later. Arthur Hayes Dumps Hyperliquid Crypto | Source: LookonChain This is anything but unusual for Arthur Hayes. Just last month, he liquidated over 2,300 ETH, worth $8.3 million, right after touting a…
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