Arthur Hayes, co-founder of BitMEX, closed his entire directional trading book: he sold $ETH , $ENA , $UNI and other altcoins for approximately $22.3 million. Just a few weeks ago, he was talking about $10,000 per ether, and now he’s moving into cash. Hayes himself calls it a tactical pause, not a departure from his long-term outlook. When well-known players reduce risk, the market takes notice.
Is this a signal to be cautious or simply his own profit-taking? 👇
#ArthurHayes