The Hilarious Tale of Arthur Hayes’ HYPE Sell-Off and a Ferrari Fantasy 🚗💨

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It is a truth universally acknowledged, that a man in possession of a considerable HYPE fortune must be in want of a rather magnificent Ferrari Testarossa. Such, gentlemen and ladies, is the peculiar predicament of Mr. Arthur Hayes, co-founder of BitMEX, who-much to the astonishment of the crypto coterie-did part with his entire Hyperliquid (HYPE) holding scarcely a month after predicting it would ascend with the enthusiasm of a rocket, some 126 times over the ensuing three years.

“A deposit, dear sirs and madams, is required on my new Rari 849 Testarossa,” Mr. Hayes quipped on the 21st of September, a statement as bold as his purported financial acumen, and perhaps just as whimsical.

This revelation followed a series of observations from the esteemed blockchain chroniclers at Lookonchain, who noted, with barely concealed envy, that Hayes had pocketed a tidy sum of $823,000 from his 96,628 HYPE tokens-an admirable 19.2% profit, no less, according to the venerable HypurrScan’s own accounting ledgers.

Arthur Hayes portrait with graphics

Arthur Hayes’ August Prophecy: HYPE to Ascend 126 Fold-Or So He Avowed

HYPE, the native token fueling the Hyperliquid decentralized derivatives exchange-an enterprise as formidable as any gentleman’s wager-is currently priced at an eyebrow-raising $49.48, having taken a modest spill of 8.1% in the past day. Yet, if one were to consider its meteoric rise of 660% since a humble commencement at $6.51 last November, one might forgive Mr. Hayes for his optimism.

The exchange itself has enjoyed a veritable renaissance in activity, with trading volumes swelling from a respectable $560 million at August’s dawn to an unprecedented $3.4 billion by the 24th-a figure that would surely gladden the heart of any banker or speculator, according to the judicious records of DefiLlama.

At the august WebX 2025 gathering in Tokyo, our intrepid Mr. Hayes boldly forecast such exponential growth for HYPE, that one might suspect he had inhaled a rather heady whiff of Tokyo’s finest air.

Conference image

Mr. Hayes expounded with great flourish on the inevitability of fiat currency’s continued diminishment in value, which, he professed, would surely engender an expansion of the stablecoin marketplace-raising HyperLiquid’s annual fees to an astronomic $255 billion, a figure that would leave even the most imaginative of household accountants gasping. This, from a foundation of $1.2 billion in annual revenue at present.

The Big Question: Will Mr. Hayes Return to the HYPE Fold?

As matters currently stand, our gentleman has given no indication whether he shall once again take up the HYPE banner, or if his dalliance was but a brief flirtation born from the warm flush of automotive ambition.

One might take pause, however, in light of some of Mr. Hayes’ prior visionary assertions-each requiring, at the very least, a pinch, if not a handful, of the finest salt. Just last week, the forty-year-old prognosticator opined that the crypto markets were about to embark on a splendid “up only” crusade, now that the United States Treasury had triumphantly filled its General Account to the tune of $850 billion.

“With this liquidity drain complete,” he declared, “up only can resume.” Words, no doubt, to warm the hearts of investors and provoke a chuckle from the more cynical observer.

Moreover, his forecast for Bitcoin (BTC) to soar to an almost laughable $250,000 by year’s end 2025 confirms his penchant for grand predictions, unwavering even when proved wrong. When queried on his occasional missteps, he responded with admirable nonchalance:

“I don’t know why people are hesitant to do it; it doesn’t really matter at the end of the day.”

Meanwhile, the more discerning denizens of crypto’s social circles remind one to observe a popular figure’s blockchain actions rather than their public utterances-wisdom as old as speculation itself.

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2025-09-22 07:21