BitMEX co-founder Arthur Hayes has exited his total HYPE place, with the income funding his subsequent luxurious trip.
Key Takeaways:
- Arthur Hayes offered his total HYPE place for a $823K revenue, citing a Ferrari buy.
- The sale got here weeks after he predicted a 126x surge in HYPE at WebX 2025.
- Large upcoming token unlocks might flood the market with $500M in month-to-month promote stress.
“Have to pay my deposit on the brand new Rari 849 Testarossa,” Hayes posted on X on Sept. 21, shortly after Lookonchain reported that he offered his full HYPE stack, netting round $823,000 in revenue.
The sale concerned 96,628 HYPE tokens, giving him a 19.2% return in line with HypurrScan knowledge.
Hayes Predicted 126x HYPE Surge Weeks Earlier than Cashing Out
The timing raised eyebrows. Simply final month, throughout the WebX 2025 convention in Tokyo, Hayes publicly predicted that HYPE might surge 126x over the following three years.
On the time, he tied this bullish forecast to Hyperliquid’s rising ecosystem and the anticipated growth of the stablecoin market.
He claimed annualized charges on the platform might develop from $1.2 billion to $255 billion, arguing that fiat debasement would drive capital into DeFi derivatives.
Regardless of the daring forecast, Hayes seems to have taken income early, and never with out motive.
Based on analysis shared by Maelstrom, Hyperliquid faces a large token unlock occasion beginning November 29, when 237.8 million HYPE tokens will start vesting over 24 months.
At present costs (~$50), that unlock represents $11.9 billion, or round $500 million in month-to-month promote stress.
With present buybacks solely absorbing about 17% of that quantity, the market is staring down a severe provide overhang.
“Put your self within the sneakers of a Hyperliquid dev,” Maelstrom posted. “A life-changing sum in tokens is beginning to vest; and it’s just one click on away. What would you do?”
That is why we dumped $HYPE at the moment. However don’t fear 126x remains to be doable 2028 is a good distance off. https://t.co/VLSISNzbcc
— Arthur Hayes (@CryptoHayes) September 22, 2025
In the meantime, Hayes continues to challenge broader market predictions. He lately declared that “up solely can resume” now that the U.S. Treasury has met its $850 billion Normal Account goal, a liquidity occasion he believes clears the best way for crypto development.
He’s additionally sticking to a $250,000 Bitcoin value goal by the tip of 2025.
As for HYPE, the token remains to be up over 660% since launch, however with unlocks looming and rivals circling, Hyperliquid could also be about to face its greatest take a look at but.
Arthur Hayes Warns Bitcoin Is Not a Shortcut to a Lambo
Hayes has referred to as out Bitcoin traders for chasing fast riches and making misguided comparisons to conventional markets.
In a current interview, he criticized the short-term mindset and mentioned expectations of in a single day wealth are main many to get liquidated.
“Should you thought you have been shopping for Bitcoin and the following day you have been shopping for a Lamborghini, you’re in all probability getting liquidated,” Hayes warned.
Whereas Bitcoin lags behind the S&P 500 and gold in current weeks, Hayes dismissed the comparability as flawed.
He argued that Bitcoin stays the top-performing asset when adjusted for inflation and forex debasement, claiming that the majority conventional markets seem far weaker when measured in opposition to Bitcoin or gold.
“Should you deflate issues by Bitcoin, you’ll be able to’t even see it on the chart,” he added.
Regardless of the volatility, Hayes stands by his long-term view and maintains a year-end value goal of $250,000 for Bitcoin.
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