Arthur Hayes Makes Another Crypto Purchase: A Look at Today's Acquisitions

Arthur Hayes, former CEO of BitMEX, has continued to grow his crypto holdings, recently purchasing additional Hyperliquid (HYPE), Lido DAO (LDO), and Ethena (ENA) tokens. In the past five days, he has accumulated over $16 million in various altcoins. Despite this focus on altcoins, Hayes remains a staunch Bitcoin advocate, envisioning its value to reach $1 million per coin by 2028.

It's worth noting that Hayes had sold some of his altcoin holdings at the start of the month, only to repurchase them a few days later. While Hayes has increased his exposure to certain altcoins, he believes that the American economy may need a financial injection of $9 trillion, which he predicts could push the price of Bitcoin to $250,000.