BitMEX co-founder Arthur Hayes doubled down on his conviction in Hyperliquid’s HYPE token, saying it’s the solely token his group is actively shopping for proper now. In the meantime, he’s promoting these two crypto belongings.
Arthur Hayes Maintains Bullish Outlook on Hyperliquid (HYPE) Token
Arthur Hayes, CIO of household workplace Maelstrom, has really useful traders to purchase HYPE token in an X publish on April 8. He mentioned, “The one factor we’re shopping for proper now could be $HYPE.”
This mirrors his earlier detailed evaluation, the place he highlighted Hyperliquid because the dominant perpetuals DEX with large buying and selling quantity.
The crypto billionaire has set a daring value goal of $150 for HYPE by August 2026, implying roughly 4x upside from the $35-$40 vary. Arthur Hayes argues that Hyperliquid stands out due to its highest-revenue-generating decentralized mission.
Hyperliquid used 97% of this income to purchase again HYPE tokens from the market. The platform continues to dominate in derivatives quantity, with enlargement into real-world belongings like tokenized oil. XYZ:CL-USD and XYZ:BRENTOIL-USD oil futures on Hyperliquid are recording billions in buying and selling quantity right this moment.
Hayes Promoting These Crypto Tokens
On-chain platform Lookonchain reported that Arthur Hayes purchased ETHFI at highs and offered low at low once more right this moment. Nevertheless, ETHFI value is buying and selling greater than 4% increased at $0.45.
He bought 265,461 ETHFI value round $135.4K at $0.51 on Feb 19 and Mar 18. And offered the crypto tokens at $0.44, taking a 13% lack of $17.6K.
He’s additionally reserving earnings in AUKI after a shopping for spree within the final 24 hours, in keeping with Arkham Intelligence knowledge. He moved 3.55 million AUKI crypto tokens value $19.61K to FlowDesk for promoting.
AUKI’s value jumped 5% over the previous 24 hours amid a broader crypto market rebound because of the US-Iran ceasefire for 2 weeks. The 24-hour high and low are $0.00547 and 0.00651, respectively. Buying and selling quantity has additionally elevated by 91% prior to now 24 hours.
