BitMEX founder #ArthurHayes , citing the impending economic storm in the market, revealed his investments in Ethereum (ETH), Ethena ($ENA ), and Pepe ($PEPE ). This massive move, totaling 13 million, sent shockwaves through the crypto world.
đŒ Hayes's Sell: He Dumped ETH, ENA, and PEPE
Arthur Hayes sold three major altcoins from his portfolio on Friday, significantly reducing their market value. The sale consisted of:
2,373 Ethereum (ETH)
7.7 million Ethena (#ENA )
Approximately 39 billion Pepe (#pepe )
The total trading volume exceeded $13 million. This sale is considered not only a personal profit-taking strategy by Hayes but also a strong message to the market.
đ The Trump Effect: Tariffs Could Shake the Economy and Crypto
Hayes's sales are driven by the new tariffs imposed by the US. Former US President Donald Trump announced new tariffs on nearly 70 countries with which the US trades. These tariffs, which will take effect on August 7th, pose a particular threat to global supply chains and economies dependent on foreign trade.
Hayes commented on his annual performance:
"The US tariffs are being hidden in the third quarter. Markets began pricing this in after the nonfarm payroll data. No major economy is generating enough momentum to stimulate nominal GDP."
This assessment suggests a strengthening of the risk-off reaction in crypto markets.
đ Liquidity Crisis Concerns in Crypto Markets
Another key risk factor central to Hayes's statements is the increase in global liquidity. Hayes abandoned all his altcoin positions in July, and shortly after his data changed, he began buying altcoins.
However, the possibility that he is now back on track and at the brink of a new wave of liquidity is increasing.
đ High Profits in a Short Time: The ETH and ENA Rally
Hayes's previous altcoin forays have been quite successful:
Ethereum (ETH) completed a rally below $3,000 and then approached $4,000.
Ethena (ENA) started at $0.30 and quickly rose to $0.70.
The sell decision following this strong rally is interpreted as both profit-taking and a cautious approach to the market.
đ§ Hayes's Conflicting Prediction: 100,000 BTC, 3,000 ETH!
Hayes's long-term predictions for crypto assets are not fragmented, but rather reflect a cautious warmth:
"Therefore, I don't want Bitcoin to test $100,000 or ETH to test $3,000."
This statement suggests that Hayes views the collapse as a temporary effect and that long-term confidence in cryptocurrencies continues.
đ§ What Should Investors Do?
Arthur Hayes's latest move, while marking a period, also signals the creation of panic. Trump's rekindling of trade wars and how major economies like China and the EU will react to this could lead to volatility in the crypto markets.
Recommended strategies for investors:
Be careful in short-term trades.
Focus should be on fundamental distribution and macro signals.
Liquidity should be transformed into strategic marketing.
â Conclusion: Hayes Warns, Will the Market Listen?
Arthur Hayes' 13 million outflow wasn't just a numerical move; it was also an early warning to the market. Factors like tariffs, macro risks, and a looming liquidity crisis combined should prompt crypto investors to recalibrate their compass.
