Arthur Hayes sells HYPE stock – for new Ferrari

INFBusiness
22.09.2025
News

“I need to put down my down payment on the new Rari 849 Testarossa,” Arthur Hayes writes in an X post. The Italian sports car costs around $540,000.

The BitMEX founder has cleared his HYPE portfolio.
On-chain data from Lookonchain shows that Hayes realized a profit of around $823,000 from the sale of his 96,628 HYPE – an increase of 19.2 percent.

Arthur Hayes(@CryptoHayes) just sold all 96,628 $HYPE($5.1M) he bought a month ago, making ~$823K(+19.2%).

During his speech at the WebX Summit on Aug 25, he predicted a 126x upside for $HYPE, but is now out with less than a 20% gain.https://t.co/B6z5x7dOsv pic.twitter.com/69s0ZzIIii

— Lookonchain (@lookonchain) September 21, 2025

As recently as August, Hayes predicted a 126-fold increase in the price of the HYPE token at the WebX conference in Tokyo.
HYPE is the native token of the decentralized derivatives exchange Hyperliquid.
The price is currently trading at $49, a decline of eight percent over a 24-hour period – but still an increase of 660 percent since its launch in November 2024.
Read why the share price is currently on the brink in this HYPE analysis.

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