📢💸 Arthur Hayes Sparks Waves with $13M Altcoin Sell-Off! 💸📢
#BitMEX founder Arthur Hayes has offloaded a massive bag of altcoins, triggering market-wide chatter. Facing rising macro risks and looming economic uncertainty, Hayes sold:
🔻 2,373 ETH
🔻 7.7M $ENA
🔻 39B $PEPE
💰 Total Value: Over $13 Million
🧩 Why the Dump?
Hayes points to a worsening economic climate, citing upcoming U.S. tariffs on 70 countries announced by former President Donald Trump. These tariffs, taking effect August 7, threaten global supply chains and trade-heavy economies.
📊 Hayes remarked:
"Markets began pricing in the hidden impact of tariffs after recent nonfarm payroll data. No major economy is driving nominal GDP."
📉 Liquidity Crisis Incoming?
Hayes also expressed concern about global liquidity. Interestingly, after exiting altcoins in July, he hinted at possible re-entry amid expected liquidity waves.
📈 Past Gains Fuel Profit-Taking
✅ ETH surged from under $3,000 to near $4,000
✅ ENA jumped from $0.30 to $0.70
This recent sell-off is seen as both a strategic exit and a caution signal.
🧠 Hayes Still Bullish Long-Term
Despite short-term concerns, he remains optimistic:
"I don’t want BTC to test $100K or ETH to touch $3K… yet."
He sees this correction as temporary.
🧐 Investor Tips:
✔️ Stay cautious with short-term moves
✔️ Monitor macro trends and liquidity
✔️ Focus on strategic entries
⚠️ Final Thought:
Arthur Hayes just rang a warning bell. Will the market listen?
#ArthurHayes #Altcoins #ETH #ENA #PEPE #TrumpTariffs #CryptoNews #BinanceSquare #MarketAlert $ETH $ENA $PEPE