BlockBeats news, August 2, Arthur Hayes posted on social media in response to recent profit-taking operations, stating: "The U.S. tariff bill will expire in the third quarter... at least the market thinks so after the non-farm payroll data was released. Currently, major economies are not creating credit fast enough to boost nominal GDP. Therefore, Bitcoin will test $100,000, and Ethereum will test $3,000. For more information, please join my keynote speech on August 25 at WebX Asia in Tokyo. I’m going to relax now."
BlockBeats previously reported that Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700) early this morning.