Arthur Hayes Just Dumped HYPE—Here’s Why It Matters in 2025

Crypto heavyweight Arthur Hayes makes a decisive move—ditching HYPE tokens as market sentiment shifts.

The Unpacking

Hayes isn't just selling—he's sending a message. No vague excuses, no sugarcoating. When a figure like him exits, the market pays attention. His move comes amid swirling speculation and a noticeable cooling in altcoin momentum.

The Ripple Effect

Traders are scrambling. Questions fly—is this a lone exit or the start of a broader trend? Hayes’ track record adds weight. His past calls have moved markets, and this dump is no exception. It’s not panic; it’s calculation.

The Bigger Picture

Crypto’s never just about the coins—it’s about the players. Hayes’ exit underscores a classic finance truth: sometimes the smartest move is to walk away before the hype fades. Because in crypto, as in traditional finance, the biggest profits often go to those who cash out before the crowd even realizes the party’s over.

HYPE faces a critical test following initial success

HYPE, the native token of the Hyperliquid decentralized derivatives exchange (DEX), has seen remarkable growth. At the time of writing, HYPE was trading at $48.90, down around 9% in the past 24 hours. According to CoinMarketCap, trading volumes have surged dramatically, rising 136% and reaching $552 million.

Additionally, trading activity picked up sharply in August, climbing from roughly $560 million at the beginning of the month to reach a record $3.4 billion on August 24, as reported by DefiLlama. 

However, in the article shared by Hayes, analyst Maelstrom flagged an upcoming challenge for HYPE. Starting November 29, 237.8 million HYPE tokens will begin vesting linearly over 24 months. At $50 per token, this amounts to roughly $11.9 billion in team unlocks, adding nearly $500 million to the market each month. This might add a supply overhang of some $410 million monthly. 

Even large decentralized autonomous trusts (DATs) like Sonnet, with $583 million in HYPE and $305 million in cash, might cover only a small fraction of these unlocks.

Is Hayes going to reinvest? 

Hayes’ sale highlights the difference between personal financial decisions and broader market trends. It is also not known if Hayes intends to re-invest in HYPE.

However, he does have a track record of making bold market predictions. Earlier this month, he said that Bitcoin will surge past $200,000, arguing that traditional four-year halving cycles no longer dictate the market. He also suggested that U.S. Treasury liquidity measures could push crypto markets into an “up only” phase.

While Hayes HYPE sale indicates a personal investment decision, it does not always indicate the long-term prospects of the token. It is recommended to investors to look at market trends, trading volumes, and other data and make decisions bearing in mind that crypto is highly volatile.

Also Read: Hyperliquid Lists ASTER Token Amid Heightened Competition Buzz