The co -founder of Bitmex, Arthur Hayes, empties his positions in Altcoin, believing that the encryption market will witness a correction this month.
In a new post on the x social media platform, a Blockchain Lookonchain tracking company I was monitored Hayes sell millions of dollars from Ethereum (Eth) LikewisebabyThe project that focuses on Stablecoin Ethina (this).
Arthur Hayes sold 2,373 ETH ($ 8.32 million), 7.76 million Ena ($ 4.62 million) and 38.86 billion Pepe ($ 414,700) … “
Veteran He says He sells altcoins because he believes that Q3 will be a period of slow economic growth. Hayes believes that monetary policies are not loose enough to stimulate the economy, especially with the Trump tariff on the horizon.
According to Hayez, the big conditions are mature to run large recovery for Bitcoin (BTC) And ethereum.
“Why? The American customs tariff bill is coming in the third quarter … At least the market believes that after printing NFP (as not cultivated salaries). There is no major economy that creates enough credit enough to increase the nominal GDP. So BTC tests $ 100,000, and Eth tests $ 3000.”
Despite his short -term downward position on encryption, Hayes believes that the asset category is still in a strong upward direction
Late last month, is unveil His goal at the end of the year targets bitcoin and ethereum.
My goals at the end of the year:
Bitcoin = $ 250,000.
Ether = 10,000 dollars. “
At the time of this report, Bitcoin is traded for $ 113,197, while the value of ETH is $ 3,420.
Follow us xand Facebook and cable
Do not miss a rhythm – Subscribe To obtain email alerts, they are delivered directly to your in input box
Examine Price
Surfing Hodel daily mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
