Arthur Hayes has sold a large amount of Ethereum and predicts that the prices of Bitcoin and Ethereum will rise sharply in the near future.
He now has to buy back all the cryptocurrency he sold and is committed to continuing profit-taking. Ethereum once surpassed the $4,200 mark, increasing nearly 4% in a day.
MAIN CONTENT
Arthur Hayes sold approximately $13.35 million worth of ETH, ENA, and PEPE.
Forecasts suggest Bitcoin will challenge the $100,000 level, and Ethereum will reach $3,000.
Ethereum surpassed $4,200, increasing by 3.94% before correcting.
What cryptocurrencies did Arthur Hayes sell and at what value?
Arthur Hayes liquidated tokens including Ethereum (ETH), ENA, and PEPE with a total estimated value of approximately $13.35 million.
The sale of a large amount of these tokens indicates a move to seize profit opportunities by experienced individuals in the cryptocurrency market. His actions significantly affect market sentiment as well as individual investors who track signals from whales and veteran investors.
This move has drawn attention in the market, especially as the cryptocurrency market is in a bullish phase with Ethereum rising above $4,200.
What does Arthur Hayes predict about the price of Bitcoin and Ethereum?
He expects Bitcoin to test the $100,000 level, while Ethereum is projected to reach $3,000 in the near future.
Even though Ethereum has surpassed the $4,200 mark, Hayes' prediction of $3,000 may reflect expectations of a correction or long-term support level. This information demonstrates a strategic vision and deep technical analysis, highly valued by investors when monitoring trends of major coins.
I commit to never stopping profit-taking again. – Arthur Hayes (Chairman, 9/8/2023)
Arthur Hayes, former CEO of the exchange, shared on Twitter on 9/8/2023
How has Ethereum reacted after recent news?
Ethereum has reached a new all-time high above $4,200 before a slight correction, closing up 3.94% on the day.
This is a positive signal, reflecting the strength and resilience of ETH after market fluctuations. Analysts believe this price level reinforces Ethereum's position among major cryptocurrencies, while also opening up expectations for a continued upward trend in the medium and long term.
What should investors pay attention to when monitoring forecasts like this?
Forecasts from experienced individuals like Arthur Hayes create important signals for investors to consider market sentiment and potential fluctuations.
However, investing in cryptocurrency still carries many risks due to high volatility, so users should combine multi-faceted analysis and tightly manage risks within their investment portfolios.
Frequently Asked Questions
How much ETH did Arthur Hayes sell?
What is the forecasted price of Bitcoin?
According to him, Bitcoin could test $100,000 in the near future.
What price level has Ethereum recently surpassed?
Ethereum has surpassed the $4,200 mark and recorded an intraday increase of nearly 4%.
What does Arthur Hayes commit regarding profit-taking actions?
He is committed to continuing profit-taking in future transactions.
Is Hayes' forecast certain?
Forecasts based on experience and personal analysis, investors should consider a multi-faceted approach and be aware of market risks.
Source: https://tintucbitcoin.com/arthur-hayes-mua-lai-tiep-tuc-chot-loi/
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