{"id":48739,"date":"2025-09-22T07:01:38","date_gmt":"2025-09-22T07:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48739"},"modified":"2025-09-22T07:01:38","modified_gmt":"2025-09-22T07:01:38","slug":"hyperliquid-hype-dumps-12-as-hayes-sells-stash-for-ferrari","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48739","title":{"rendered":"Hyperliquid (HYPE) Dumps 12% as Hayes Sells Stash for Ferrari"},"content":{"rendered":"<div>\n<p>Arthur Hayes has sold more than 96,000 HYPE tokens on Sunday for $4.8 million, according to Hypurrscan.<\/p>\n<p>Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/1969801722123166172\" data-wpel-link=\"external\" target=\"_blank\">reported<\/a> that he made $823,000 in profit on the trade.\u00a0\u201cNeed to pay my deposit on the new Rari 849 Testarossa,\u201d said Hayes on Sunday.<\/p>\n<p>Ferrari unveiled the new plug-in hybrid in Milan this month, and the 1,036-horsepower supercar is expected to go on sale starting at $540,000 for the coupe.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Need to pay my deposit on the new Rari 849 Testarossa <a href=\"https:\/\/t.co\/PX7Hx0FuK9\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/PX7Hx0FuK9<\/a><\/p>\n<p>\u2014 Arthur Hayes (@CryptoHayes) <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/1969860473186324726?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>HYPE Has Doubled This Year<\/h2>\n<p>The token dumped around 12% from just over $54 to bottom out at just over $47 during Monday morning trading in Asia.\u00a0HYPE has doubled since the beginning of the year and hit an all-time high of $59.30 on September 18, amid a lot of hype and shilling from the likes of Hayes, who has also <a href=\"https:\/\/cryptopotato.com\/arthur-hayes-sees-20k-eth-ahead-why-hes-backing-ethereum-over-solana\/\" data-wpel-link=\"internal\">backed <\/a>Ether.<\/p>\n<p>In late August, Hayes took to the stage at the Tokyo Web3 conference to state that Hyperliquid has a potential upside of 126 times, based on surging annualized fees.<\/p>\n<blockquote>\n<p>\u201cThis means he\u2019s selling his whole stack the moment he steps down from the presentation,\u201d <a href=\"https:\/\/x.com\/cryptamurai\/status\/1959777519181210033\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">said<\/a> one observer at the time.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Arthur Hayes(<a href=\"https:\/\/twitter.com\/CryptoHayes?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@CryptoHayes<\/a>) just sold all 96,628 <a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$HYPE<\/a>($5.1M) he bought a month ago, making ~$823K(+19.2%).<\/p>\n<p>During his speech at the WebX Summit on Aug 25, he predicted a 126x upside for <a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$HYPE<\/a>, but is now out with less than a 20% gain.<a href=\"https:\/\/t.co\/B6z5x7dOsv\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/B6z5x7dOsv<\/a> <a href=\"https:\/\/t.co\/69s0ZzIIii\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/69s0ZzIIii<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1969801722123166172?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Hyperliquid is a decentralized crypto derivatives exchange that allows speculators to take out highly leveraged perpetual contracts on crypto assets. It has surged in popularity recently, with total value locked.<\/p>\n<p>Hayes made another prediction over the weekend after <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/1969227239792525816\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">observing<\/a> that the US Treasury\u2019s General Account (TGA) surged past $850 billion earlier this month. \u201cWith this liquidity drain complete, up only can resume,\u201d he said.<\/p>\n<p>The theory is that the liquidity that was being used to top up the TGA would go into markets once the target level is hit.<\/p>\n<h2>Other Altcoins In Pain<\/h2>\n<p>HYPE is not the only altcoin in pain today. The native token for the Binance rival DEX Aster (ASTER) has also tanked, shedding 17% as it retreats from Sunday\u2019s all-time high of $1.96.<\/p>\n<p>The Solana memecoin market Pump.fun has also seen its native token (PUMP) dump 15% on the day, while Cronos (CRO) has shed 9% over the past 24 hours.<\/p>\n<p>Ether, XRP, and Solana were all down around 4% while Dogecoin, Cardano, and Chainlink had larger losses in another Monday morning market rout.<\/p>\n<p>The total market capitalization loss over the past few hours is around $80 billion, or 2.2% on the day.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/hyperliquid-hype-dumps-12-as-hayes-sells-stash-for-ferrari\/\">Hyperliquid (HYPE) Dumps 12% as Hayes Sells Stash for Ferrari<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Arthur Hayes has sold more than 96,000 HYPE tokens on Sunday for $4.8 million, according to Hypurrscan. Lookonchain reported that he made $823,000 in profit on the trade.\u00a0\u201cNeed to pay my deposit on the new Rari 849 Testarossa,\u201d said Hayes on Sunday. Ferrari unveiled the new plug-in hybrid in Milan this month, and the 1,036-horsepower [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-48739","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48739"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48739\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}