🚨 Arthur Hayes: Bullish Words, Bearish Moves?
🔹 Despite his recent bullish commentary, Arthur Hayes — co-founder of BitMEX — just offloaded $13.35M in crypto holdings, including:
▫️ 2,373 ETH ($8.32M)
▫️ 7.76M ENA ($4.62M)
▫️ 38.86B PEPE ($414K)
🔹 This sell-off comes amid:
🔻 A sharp drop in Bitcoin (as low as $112,731)
📊 A $812M outflow from U.S. spot Bitcoin ETFs — 2nd largest ever
📤 Ethereum ETFs also seeing major withdrawals
🏛 Mounting macro pressure — new tariffs hitting August 7, with inflation concerns rising
📢 CryptoQuant's Julio Moreno points to the third major profit-taking wave in this cycle — historically, a precursor to market corrections before new highs.
⚠️ Hayes had warned of volatility and policy risks, but his latest actions suggest a more cautious stance — possibly realigning before the next leg up.
#CryptoMarkets #Bitcoin #Ethereum #Altcoins #ETFs
https://coingape.com/arthur-hayes-talks-bullish-acts-bearish-dumps-crypto-holdings/?utm_source=bnb&utm_medium=coingape