Arthur Hayes sells for $ 13 million in crypto

In the space of a few hours, Arthur Hayes, the ex-CEO of Bitmex has sold more than $ 13 million in crypto, while the market evolves in a consolidation phase. The operation intrigues as much as it worries, by its magnitude, but especially by its timing. This movement, far from trivial, could point out a change in global course.

Massive unloading with repositioning

Arthur Hayes proceeded on 1^er August 2025 to asset transfers totaling $ 13.35 million to exchange platforms, while it predicted that Bitcoin will collapse … then explode at $ 1 million. According to on-chain data publishedThe Cryptos concerned are: Ethereum (ETH), Pepe (Pepe) and Ethena (ENA).

The transactions, observed via publicly associated portfolios with the old Bitmex CEO, were interpreted as sales by several blockchain analysts. This movement took place in a context of consolidating the price of Bitcoin, which stabilized in a narrow range around 114,000 to 115,000 dollars. If Hayes has not publicly commented on this operation, the magnitude and timing of its sales did not fail to attract market attention.

The choice of assets concerned by this massive sale seems far from trivial. It gives indications on the rebalancing strategy adopted by Hayes, especially in an environment marked by increased volatility. Here are the main characteristics of this unloading:

• ETH (Ethereum): Considered as a reference asset, the ETH represents an important part of the institutional portfolios. Its sale could point out a profit taking or a temporary exposure reduction;

• Pepe: Memecoin notoriously speculative, its rapid liquidity can make it a privileged target in the event of a portfolio repositioning;

• ENA (Ethena): more recent, potentially more risky token, often subject to high price variations, making it an asset to be released as a priority in the event of uncertainty.

In short, Arthur Hayes seems to have taken a tactical position, favoring liquidity and active short -term management, without affecting its Bitcoin positions, a signal that the most attentive investors will not fail to note.

A bullish speech intact on bitcoin, despite sales

In parallel with this sales sequence, Arthur Hayes reaffirmed his long -term conviction: “Bitcoin will test the threshold of $ 100,000” he said bluntly.

A striking declaration, which contrasts with short -term lowering signals visible on the market, and especially with its own sales of altcoin assets. This apparent paradox is however not new in Hayes, accustomed to these positions which upset and with tactical adjustments while retaining a strategic substantive line.

This positioning is partly explained by the current state of the market. If technical indicators point to a short -term lower structure, especially on graphics in 1 hour and 4 h, several signals suggest that Bitcoin could consolidate a base around $ 114,000.

Hayes could therefore have opted for temporary repositioning, without questioning his upward thesis. The distinction is important. He did not sell BTC, but altcoins, which could reflect a desire to reduce his exposure to the most volatile cryptos, while standing ready to strengthen his positions on Bitcoin if a correction offers a better entrance window.

In the medium term, this strategy reveals several scenarios: a reallocation towards BTC in the event of withdrawal under 110,000 dollars, or a return to certain altcoins if the market returns to momentum. For the time being, the key area to be monitored remains the threshold of $ 118,000 for a boost of the upward trend towards $ 250,000 by the end of this year.