Arthur Hayes Sells Large Crypto Holdings Amid Macro Pressure, Maintains Long-Term Bullishness

I have observed that Arthur Hayes has sold 2,373 ETH, 7.76 million ENA tokens, and nearly 3.9 billion PEPE tokens. He explained that in light of the weak employment data and Trump's proposal to impose new tariffs, the crypto market is experiencing increasing pressure, which could lead to downward movement. Specifically, he predicts that Bitcoin may test the $100,000 level, and Ethereum could reach $3,000. Despite this short-term outlook, Hayes remains optimistic about the long-term prospects of cryptocurrencies. He considers the recent decline to be a temporary correction influenced by current macroeconomic factors, rather than a fundamental shift in market fundamentals. This analysis suggests a strategic view where short-term volatility is expected, but the overall bullish trend remains intact. Investors should monitor macroeconomic signals and regulatory developments, as these can significantly impact price trajectories in the near term. The long-term narrative for Bitcoin and Ethereum continues to be positive, based on Hayes’s outlook.