BitMEX co-founder Arthur Hayes has offered off his whole Hyperliquid (HYPE) stash — seemingly, for a Ferrari — only a month after he tipped the token to surge round 126x over the following three years.
“Need to pay my deposit on the brand new Rari 849 Testarossa,” Hayes wrote on Sept. 21.
The put up got here after an X put up from blockchain knowledge platforms reminiscent of Lookonchain on Sept. 21 that stated Hayes banked round $823,000 of revenue on his 96,628 HYPE — netting him a 19.2% acquire, in line with knowledge from HypurrScan.
Arthur Hayes predicted HYPE to rocket 126x in August
HYPE is the native token that powers the Hyperliquid decentralized derivatives trade. HYPE was $49.48 on the time of writing, down round 8.1% over the previous 24 hours, however is up a staggering 660% because it launched in late November at $6.51.
The DEX has additionally seen a major uptick in buying and selling quantity final month, going from round $560 million in the beginning of August to an all-time excessive of $3.4 billion on Aug. 24, in line with knowledge from DefiLlama.
During the WebX 2025 convention in Tokyo, Hayes forecast HYPE’s value to surge 126x over the following three years.
The BitMEX co-founder argued that continued fiat debasement would drive stablecoin market growth and push HyperLiquid’s annualized charges to as excessive as $255 billion, up from its annualized income of $1.2 billion on the time.
Could Arthur Hayes purchase again into HYPE?
As it stands, Hayes hasn’t but indicated if he’ll dive again into HYPE.
Looking at a few of Hayes’ different current predictions that will or might not require a pinch of salt, the 40-year-old recommended final week that the crypto markets will quickly enter “up solely” mode because the US Treasury hit its aim of filling the General Account with $850 billion on Friday.
Related: Price predictions 9/19: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, LINK, AVAX
“With this liquidity drain full, up solely can resume,” Hayes wrote.
Hayes additionally sees the value of Bitcoin (BTC) hitting $250,000 by the top of 2025, and has a historical past of constructing daring market predictions.
Speaking with Cointelegraph Magazine in June, Hayes stated he’s unfazed when he will get his Bitcoin predictions flawed.
“I don’t know why individuals are hesitant to do it; it doesn’t actually matter on the finish of the day,” he stated.
Meanwhile, some members of crypto X emphasised the significance of listening to what widespread figures do onchain, not what they touch upon in public.
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