Arthur Hayes Dumps $13M+ in Crypto Predicts BTC at $100K & ETH at $3K
BitMEX co-founder Arthur Hayes just made a bold move selling over $13 million worth of ETH, ENA, and PEPE within a few hours. But his outlook? Even bolder.
He believes:
Bitcoin could test $100,000
Ethereum may drop to $3,000
This sell-off follows weak U.S. job data and concerns over a potential Q3 U.S. Tariff Bill, which Hayes says will slow credit creation and hurt GDP leading to short-term pressure on risk assets like crypto.
Breakdown of his dump:
2,373 ETH $8.3M
7.76M ENA $4.6M
38.86B PEPE $414K
While some see this as a bearish signal, others think he’s just playing smart locking in profits and preparing for the next move.
Hayes is set to share more at WebX Asia, Tokyo on Aug 25 one of the biggest crypto stages this year.
What’s your take? Smart risk management or a red flag for the market?
Drop your thoughts below and remember:
Not financial advice. DYOR.
