How Arthur Hayes Turned $0 Into $500 Million In 6 Years And Predicted Bitcoin’s Dump To $76,000
Posted On April 10, 2025
Arthur Hayes, co-founder of BitMEX and one of crypto’s most influential voices, has become a case study in how deep macro knowledge and on-chain strategy can lead to massive wealth in volatile markets.
What Happened: In a recent thread, on-chain analyst DeFiTracer traced Hayes’ journey from getting fired in 2013 from an ETF trading desk to becoming a billionaire by pioneering 100x leveraged crypto trading.
After surviving the Mt. Gox collapse, Hayes co-founded BitMEX with British mathematician Ben Delo, launching the first crypto derivatives exchange of its kind.
Despite legal troubles in 2019 that led to charges related to BitMEX operations, Hayes was later pardoned by President Trump and now enjoys financial …