Arthur Hayes, co-founder of BitMEX, reiterated his belief in Hyperliquid token HYPE, saying it is the only token his team is actively buying at the moment. At the same time, he sells these two crypto assets.
Arthur Hayes maintains a bullish outlook for Hyperliquid Token (HYPE).
Arthur Hayes, CIO of family office Maelstrom, recommended investors buy HYPE token in Share X On April 8th. “The only thing we’re buying now is $HYPE,” he said.
This reflects his previous detailed analysis, where he highlighted this Hyperliquid as a perpetual mainstream DEX With huge trading volume.
The cryptocurrency billionaire set a bold price target of $150 for HYPE by August 2026, which would mean a roughly 4x upside from the $35 to $40 range. Arthur Hayes argues that Hyperliquid stands out because of its highest-revenue decentralized project.
Hyperliquid used 97% of this revenue to buy back HYPE tokens from the market. The platform continues to dominate derivatives volume, with expansion into real assets such as tokenized oil. XYZ:CL-USD and XYZ:BRENTOIL-USD oil futures contracts on Hyperliquid record trading volume in the billions today.
Hayes sells these crypto tokens
The on-chain platform Lookonchain mentioned this Arthur Hayes bought ETHFI at the highs and was sold at the lows again today. However, ETHFI is trading more than 4% higher at $0.45.
He purchased 265,461 ETHFI worth approximately $135.4K at $0.51 on February 19 and March 18. He sold cryptocurrencies at $0.44, incurring a 13% loss worth $17.6 thousand.
He is also taking profits in AUKI after a buying spree in the past 24 hours, according to Arkham intelligence data. He transferred 3.55 million AUKI crypto tokens worth $19.61K to FlowDesk for sale.
AUKI price jumped 5% in the last 24 hours amid a Broader crypto market recovery Due to the US-Iranian ceasefire for two weeks. The 24-hour low and high are $0.00547 and $0.00651 respectively. Trading volume also increased by 91% over the past 24 hours.
