Arthur Hayes Sells All HYPE Tokens Amid Unlock Concerns
- Arthur Hayes’s significant sell-off impacts HYPE market.
- “Massive unlocking” pressures asset prices.
- Similar sell-offs anticipated in other tokens.
Arthur Hayes, former BitMEX CEO, sold 96,600 HYPE tokens on September 21, 2025, citing upcoming token releases as a market threat.
Hayes’s actions and warnings highlight concerns over supply shocks, impacting HYPE prices and related assets as traders anticipate similar moves with upcoming asset unlocks.
Arthur Hayes executed a significant sell-off of 96,600 HYPE tokens, citing massive unlocking as a concern. On September 21, Hayes sold these for $5.1 million, preempting potential market pressures on digital assets.
Arthur Hayes, former CEO of BitMEX, attributes HYPE’s market volatility to large token releases. These unlocks act as a Sword of Damocles, impacting both HYPE and other digital currencies.
The widespread sell-off by Hayes underscores a broader market reaction, impacting other assets like Ethereum and Pepe. Hayes’s actions resulted in millions exiting the market amid concerns over impending token unlocks.
The financial landscape experienced a notable shift, with Hayes’s moves resonating across cryptocurrencies. The market’s reaction highlights the impact of supply increases due to unlock schedules on asset prices.
Insights from historical trends indicate potential recovery challenges post large unlock events. Such scenarios previously affected tokens like Solana, mimicking Hayes’s strategy of pre-emptive liquidation to mitigate risks associated with unlocks.
“These massive unlocks are a Sword of Damocles. Unless you get ahead of the herd, you’re exit liquidity as soon as these tokens hit the market.” – Arthur Hayes, Former CEO, BitMEX
