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According to Onchain Data, Bitmex Founder Arthur Hayes Made a Large Purchase of This Altcoin! Here Are the Details

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Arthur Hayes, a well-known figure in the cryptocurrency market, has reportedly increased his position by purchasing $HYPE, the native token of the Hyperliquid ecosystem.

According to data shared by OnchainLens, Hayes added 20,274 $HYPE to his wallet approximately 5 hours ago. The total value of this purchase is reported to be around $603,000.

With this latest transaction, Arthur Hayes’ total $HYPE holdings have risen to 189,195. According to on-chain data, the current market value of this amount is approximately $5.79 million.

Hayes’s acquisition attracted attention because it came during a period of continued market volatility. In recent weeks, investors have shown increased interest in derivatives markets, DeFi protocols, and next-generation decentralized exchange (DEX) projects. The $HYPE token is among the assets benefiting from this trend.

On the other hand, Arthur Hayes is a name that frequently comes up in the crypto community due to his past comments on market cycles and macroeconomic developments. Therefore, Hayes’ on-chain activities are followed by some investors as an indicator of market sentiment.

Experts remind investors that high-volume wallet activity alone is not sufficient for investment decisions, and that they should pay attention to risk management and market conditions.

*This is not investment advice.

en.bitcoinsistemi.com