In the dusty plains of the crypto frontier, where fortunes rise and fall like the sun over the Salinas Valley, Arthur Hayes, the wily Co-Founder of BitMEX, has once again stirred the pot. Just as the dust settled from his recent sell-off-a cool $8.3 million in ETH and a heap of other tokens like ENA and PEPE-he’s back at the trough, shoveling in more. This time, he’s piled 1,750 ETH, worth a tidy $7.45 million, into his digital saddlebag, while ETH teeters near $4,300, eyeing the horizon for a new all-time high. 🌄
But Hayes didn’t stop there. Oh no. He’s gone full-tilt into DeFi, scooping up 425,000 Lido DAO (LDO) tokens ($557,000), 420,000 ETHFi tokens ($517,000), and 185,000 Pendle (PENDLE) tokens ($1.01 million). It’s like he’s betting on a bumper crop of altcoins, though whether he’s a prophet or just a man with a restless wallet is anyone’s guess. 🤔
All this comes hot on the heels of his X post, where he waxed poetic about tariffs, GDP, and the elusive $100k Bitcoin. “Y? US Tariff bill coming due in 3q… at least the mrkt believes that after NFP print,” he mused, as if reading tea leaves in a dust storm. 🍵
The Winds of Altseason
– Arthur Hayes (@CryptoHayes) August 9, 2025
Hayes’s latest spree has tongues wagging. Is altseason nigh? Will LDO, ETHFi, and Pendle bloom like wildflowers after a spring rain? Some say Hayes is a visionary, others a gambler. Either way, the market’s watching him like a hawk circling a field mouse. 🦅
Yet, for all the buzz, the crypto fields are still fraught with peril. Economic storms and regulatory scarecrows loom, ready to spook the bulls. So, while Hayes rides the rollercoaster, the rest of us are left to wonder: is this the dawn of altseason, or just another twist in the tale? 🎢
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2025-08-11 12:53