New statement from Arthur Hayes regarding HYPE sale

Arthur Hayes, an investor who closely follows every word coming out of the crypto world, clarified the sale of HYPE, the token of Hyperliquid.

"There are significant challenges and obstacles..."

Hayes, who participated in the ongoing Blockchain Week in South Korea and gave an interview here, stated that his long-term positive thoughts on the HYPE token have not changed, but he sold due to some risks observed in the short term.

"I think people should understand the difference between timing and waiting for the right time... What did I say? I said it could be '126 times higher than today's price' by 2028. I still stand by that. But today we are in 2025. And there are some short-term challenges. New DEXs are coming out and I am looking for the new token that could rise 100 times. There is also a competition for cheap transaction fees among DEXs, and this will heat up. I believe these are significant challenges against Hyperliquid. So I would prefer to find a token from a new and cheaper platform for now."

"I am an investment manager, not a puppet"

Hayes, who stated that he is a manager and investment manager at Maelstrom, said, "I'm not a puppet; I manage a portfolio."

"We talked about the short-term risks. Like token launches and other competitors... Today the price can drop from 50 dollars to 25, and I can buy again at 25. Maybe then it will go to 5 thousand dollars. These are portfolio management moves. I am an investment manager, not a puppet."

As a reminder, Hayes sold all of his 5 million dollars worth of HYPE tokens over the weekend and then jokingly said, "I needed to put a deposit for the Ferrari I will buy."

Hayes stated that he expected a 126-fold increase in a token in August, and his decision to sell it particularly drew reactions on social media.

Published: September 23, 2025 14:58 Last Updated: September 23, 2025 15:03