BitMEX’s Arthur Hayes Dumps Solana & Predicts Ethereum To Hit $5000

1 year ago 7
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In a surprising turn of events, BitMEX co-founder Arthur Hayes, a prominent figure in the cryptocurrency space, recently made waves in the digital asset space with his comments on Solana and Ethereum. Meanwhile, Hayes took to the X platform to reveal a divine revelation and share his strategic shift in investments.

So, brace yourselves as we delve into the intriguing details of Arthur Hayes’s unexpected maneuvers and the ripples they’ve sent across the cryptocurrency landscape.

Arthur Hayes Shifts Gears From Solana To Ethereum

BitMEX founder Arthur Hayes has sent shockwaves through the crypto community with his investment decisions on the X platform. Hayes ‘confessed’ to receiving a divine “message” during “meditation”, urging him to part ways with Solana (SOL) and embrace “Archangel Vitalik” or Ethereum co-founder Vitalik Buterin by investing more in Ethereum (ETH).

Meanwhile, Hayes stated that this has led him to dump Solana and accumulate more Ethereum. In addition, he also made a bold prediction for Ethereum price, saying it is going to hit the $5,000 mark.

Notably, the timing of Arthur Hayes’s move adds a layer of complexity to the unfolding drama, coinciding with Solana’s remarkable surge in the market. The SOL crypto has recently climbed toward the $100 milestone, surpassing BNB to claim the 4th spot in the crypto rankings.

Price Comparison Of The Two Cryptos

The crypto market has witnessed a bullish momentum today, as evidenced by the surge in most of the major crypto prices. Meanwhile, as of writing, the Ethereum price was up 2.87% to $2,259.54, and its trading volume soared 0.53% over the last 24 hours to $12.97 billion. Notably, the ETH price hit a high of $2,278.12 and a low of $2,205.40 over the last 24 hours.

On the other hand, the Solana price has witnessed a massive pump of 15.48% at the time of writing and traded at $97.55, suggesting strong confidence of the investors towards the crypto. Meanwhile, the trading volume of the crypto also noted a surge of 31.52% to $5.46 billion. Notably, the SOL price has touched a high of $99.12 in the last 24 hours.

Meanwhile, as the crypto community grapples with the implications of Arthur Hayes’s actions during Solana’s bull run, opinions diverge. While some see it as a cause for confusion, others interpret his Ethereum prediction as a potential catalyst for a bullish run on the second-largest crypto by market cap.

The post BitMEX’s Arthur Hayes Dumps Solana & Predicts Ethereum To Hit $5000 appeared first on CoinGape.

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