📰 Arthur Hayes Sells $5.1M in HYPE — Then Jokes About Buying a Ferrari 🏎️
BlockBeats reports that Arthur Hayes sold 96,600 HYPE tokens worth $5.1M, sending HYPE down nearly -10%.
Just weeks ago, Hayes predicted HYPE could 126x in the coming years. After the sale, he jokingly said:
“I need to put a deposit down for the new Ferrari 849 Testarossa.”
📊 Quick Facts:
HYPE -9.61% after sale
Ferrari 849 Testarossa → launches Sept 9, 2025, production in 2026
Price tag = ultra-luxury hybrid supercar 💸
💡 Key Takeaway:
Hayes’ move mixes serious profit-taking with a dose of humor, leaving traders to wonder:
👉 Is this just a joke — or a signal of shifting confidence in HYPE?
