{"id":40095,"date":"2025-08-02T10:16:45","date_gmt":"2025-08-02T10:16:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40095"},"modified":"2025-08-02T10:16:45","modified_gmt":"2025-08-02T10:16:45","slug":"arthur-hayes-is-selling-here-are-the-altcoins-hes-ditching","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40095","title":{"rendered":"Arthur Hayes Is Selling: Here Are the Altcoins He\u2019s Ditching"},"content":{"rendered":"
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The cryptocurrency market reached new heights in July as the total cap exceeded $4 trillion for the first time ever, led by bitcoin\u2019s new peak above $123,000 and several altcoins\u2019 rallies to ATHs, such as XRP and BNB.<\/p>\n

The past few days, though, have gone in the opposite direction, with many altcoins charting double-digit price declines, while BTC plunged to a three-week low of under $113,000.<\/p>\n

During these turbulent times of uncertainty, perhaps prompted by Trump\u2019s latest tariffs and the movement<\/a> of US nuclear submarines close to strategic Russian locations, prominent industry names, such as Arthur Hayes, have started to sell off. Here\u2019s which altcoins the BitMEX co-founder sold in the past 24 hours.<\/p>\n

ETH, ENA, PEPE Being Sold<\/h2>\n

As the data shared by the analytics resource Lookonchain points out, Hayes has used one of his known addresses to dispose of over $8 million worth of ETH, $4.6 million in ENA, and $414,700 worth of the third-largest meme coin by market cap \u2013 PEPE.<\/p>\n

Later, the Maelstrom exec clarified that the reason for his sales is mostly related to Trump\u2019s tariffs<\/a>, many of which are set to be implemented starting from August 1. He believes BTC and ETH will retrace, as the former would retest the $100,000 resistance, while the latter will head toward $3,000.<\/p>\n

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Y? US Tariff bill coming due in 3q \u2026 at least the mrkt believes that after NFP print. No major econ is creating enough credit fast enough to boost nominal gdp. So $BTC<\/a> tests $100k, $ETH<\/a> tests $3k. Come see my @WebX_Asia<\/a> Tokyo keynote Aug 25 for more info. Back to the beach. https:\/\/t.co\/zuHlwgQKC7<\/a><\/p>\n

\u2014 Arthur Hayes (@CryptoHayes) August 2, 2025<\/a><\/p>\n<\/blockquote>\n