Lookonchain Flags $2M HYPE Buy Linked to Arthur Hayes – He Fires Back With Four Words
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BitMEX co-founder Arthur Hayes appears to have repurchased 33,978 HYPE tokens worth about $2.09 million, withdrawing them from Bybit during Asian hours on Monday, according to Lookonchain. The buyback came four days after Hayes said he had sold his entire HYPE position after taking profits while the token traded above $72, a move that could boost token price and market sentiment in crypto trading and DeFi markets.
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BitMEX co-founder Arthur Hayes appears to have bought back 33,978 HYPE tokens worth about $2.09 million, according to blockchain tracking platform Lookonchain. The platform linked the purchase to a wallet associated with Hayes, which withdrew the tokens from Bybit during Asian hours on Monday.
The alleged purchase comes four days after Hayes said he had sold his entire HYPE position to lock in profits while the token was trading above $72.
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