Arthur Hayes dumps over $13 million in crypto, including ETH, ENA, and PEPE, within hours
BitMEX co-founder Arthur Hayes has predicted that Bitcoin will “test” $100,000 and Ethereum will drop to $3,000, just hours after unloading over $13 million worth of crypto assets, according to on-chain data.
His market outlook, tied to worsening macroeconomic indicators and a potential U.S. tariff bill, has sparked conversation across the industry ahead of his scheduled keynote at WebX Asia in Tokyo later this month.
The move came to light after Lookonchain, an on-chain analytics platform, posted on X that Hayes had sold large quantities of Ether (ETH), Ethena (ENA), and PEPE tokens in a short window. The transactions, executed within six hours, sent clear signals of a major repositioning by one of the most closely followed…
