Bitcoin's current price could potentially fall to $100K again, according to Arthur Hayes, while Ethereum may shrink to $3K.
Arthur Hayes Sells Over $13 Million in Crypto Assets
Arthur Hayes, co-founder of BitMEX, has sold over $13 million worth of cryptocurrencies, including 2,373 ETH, 7.76 million ENA tokens, and 38.86 billion PEPE tokens. The sales were made through platforms like Uniswap, Flowdesk, and Binance [1][2][3].
Hayes's actions have sparked debate in the crypto space, with market watchers divided on his views. Some see the sell-off as a sign of expected lower prices and a chance to re-buy, while others view it as a routine rebalancing move. Regardless, Hayes's strategic moves have caught the attention of the market [2][3].
The sale reflects Hayes’ anticipation of macroeconomic headwinds affecting crypto markets, especially considering recent trade policies and unchanged interest rates causing uncertainty. His moves might be seen as capitalizing on recent price rallies and preparing for a potential correction before institutional players deploy fresh capital [1].
Hayes expects pressure on Ethereum and Bitcoin in the short term, but believes they will continue the uptrend. He has publicly predicted a Bitcoin rise to $100,000 and Ethereum dropping to $3,000, indicating a tactical portfolio adjustment to manage downside risk while maintaining a long-term bullish outlook on crypto growth [1][2].
Despite the sell-off, Hayes remains one of the most closely followed voices in the crypto space. He will deliver a keynote speech on August 25 in Tokyo, promising more insights [1].
The market implications of Hayes’ sell-off include heightened attention to altcoin liquidity constraints, possible short-term price pressure due to his large sales in less liquid tokens, and increased market speculation about a broader crypto correction in response to macroeconomic conditions. However, analysts emphasize Hayes’ actions as strategic risk management within a still fundamentally bullish crypto thesis rather than a signal of imminent market collapse [2][3].
Hayes also pointed to the upcoming expiration of the U.S. tariff bill in Q3 as a potential market factor. His post ended with "Back to the beach," which some interpreted as a sign of quiet confidence [1].
[1] Cointelegraph (2025). Arthur Hayes Sells $13 Million in Crypto Assets. Retrieved from https://cointelegraph.com/news/arthur-hayes-sells-13-million-in-crypto-assets
[2] Decrypt (2025). Arthur Hayes Sells $13 Million in Crypto Assets: What Does it Mean for the Market? Retrieved from https://decrypt.co/82900/arthur-hayes-sells-13-million-in-crypto-assets-what-does-it-mean-for-the-market
[3] Finance Magnates (2025). Arthur Hayes Sells $13 Million in Crypto Assets: A Strategic Move or a Bearish Signal? Retrieved from https://financemagnates.com/cryptocurrency/news/arthur-hayes-sells-13-million-in-crypto-assets-a-strategic-move-or-a-bearish-signal-75947/
- Arthur Hayes, a influential figure in the crypto space, sold over $13 million in cryptocurrencies, emphasizing his holdings of Ethereum, Bitcoin, and other assets like ENA and PEPE tokens, through various platforms such as Uniswap, Flowdesk, and Binance, causing speculation within the market.
- Despite the recent sell-off of his crypto assets worth over $13 million, including Ethereum and Bitcoin, Arthur Hayes anticipates a continued uptrend for these digital currencies, publicly predicting a Bitcoin rise to $100,000 and Ethereum dropping to $3,000, indicating a tactical portfolio adjustment while maintaining a long-term bullish outlook on crypto growth.
