Funding
Arthur Hayes Dumps $22M in Crypto
Former BitMEX CEO Arthur Hayes sold over $22 million in cryptocurrencies, including 6,400 ETH worth approximately $15.2 million, amid a history of fluctuating trading patterns. Despite his recent sell-off, Hayes remains bullish on Ethereum, predicting it could reach $10,000 by year-end, citing its security and capacity for capital. This is not the first instance of Hayes selling significant amounts of crypto; he has previously disposed of over $10 million in ETH during market uncertainty, often buying back at lower prices.