Arthur Hayes Exits HYPE Position Weeks After Predicting 126x Surge

• Arthur Hayes sold his entire HYPE stash for a $823K profit, citing a Ferrari deposit.
• Looming $11.9B in HYPE token unlocks could flood the market with $500M monthly supply.
• Maelstrom report warned Hyperliquid faces its “first true test” as competition intensifies.

BitMEX co-founder Arthur Hayes has stunned the crypto community after selling his entire stash of Hyperliquid’s native token HYPE, just weeks after publicly predicting that it could surge 126x over the next three years.

On Sunday, Hayes confirmed on X that he had sold his holdings, joking that he needed to “cover the deposit” for a Ferrari 849 Testarossa. 

Sudden Reversal

Blockchain data platform Lookonchain reported that Hayes sold 96,628 HYPE, banking around …

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