BitMEX founder Arthur Hayes has stirred the crypto markets once again with a massive sell-off totaling over $13 million, offloading:
2,373 Ethereum (ETH)
7.7 million Ethena (ENA)
~39 billion Pepe (PEPE)
💼 Profit-Taking or Market Signal?
This strategic exit follows a strong rally in ETH and ENA, suggesting Hayes is locking in profits while positioning for potential macro turbulence. ENA surged from $0.30 to $0.70, while ETH climbed close to $4,000.
🌐 Trump Tariffs & Market Fallout
The move also comes amid growing economic concerns. Former U.S. President Donald Trump has announced new tariffs on 70+ countries, effective August 7, sparking fears of global supply chain disruptions. Hayes believes this could lead to a liquidity crunch, impacting both traditional and crypto markets.
📉 Risk-Off Mode Activated
According to Hayes:
> “Markets began pricing this in after NFP data. No major economy is driving enough momentum to stimulate GDP.”
This reflects a cautious market sentiment as macro risks intensify.
🧠 Still Bullish Long-Term
Despite the short-term exit, Hayes hasn’t abandoned crypto. His forecast still includes:
Bitcoin: $100,000
Ethereum: $3,000
📊 Investor Takeaways:
✔ Avoid panic trades
✔ Watch macroeconomic trends closely
✔ Stay liquid and focus on fundamentals
📌 Conclusion:
Hayes’s $13M move isn't just portfolio rebalancing — it’s a warning shot. As geopolitical and macroeconomic tensions rise, crypto investors on Binance should stay alert, stay informed, and think long-term.
