Arthur Hayes Dumps ALL His HYPE for Ferrari—Just Weeks After Predicting 126x Pump

Arthur Hayes cashes out his entire HYPE position—straight into a shiny new Ferrari. This, mere weeks after publicly calling for a 126x surge.

Timing the Market—Or Just Cashing Out?

The BitMEX co-founder’s move raises eyebrows. Hayes had been vocal about HYPE’s potential, even suggesting it could skyrocket. Now? He’s out—and driving off in Italian luxury.

Market watchers aren’t surprised. Crypto’s full of ‘pump-and-exit’ whispers. Hayes’s Ferrari flex just adds fuel. One thing’s clear: in crypto, even the bulls know when to take profits—and leave the bagholders behind.

Another day, another crypto influencer trading ‘vision’ for horsepower. Some things never change.

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“Need to pay my deposit on the new Rari 849 Testarossa,” Hayes posted on Sept. 21.

Blockchain data shows Hayes exited 96,628 HYPE, banking $823,000 in profit, a 19.2% gain. The move comes barely a month after he told the WebX 2025 conference in Tokyo that HYPE could skyrocket 126x.

A 126x Gain to Ferrari Keys

In August, Hayes made waves when he predicted Hyperliquid’s annualized fees could soar from $1.2 billion to $255 billion as fiat currencies weakened and stablecoin markets ballooned. His math suggested HYPE could rocket 126x in just three years.

Fast forward to September, and Hayes is trading theory for horsepower. The Ferrari 849 Testarossa, expected to fetch up to $590,000, now has one of crypto’s most famous traders behind the wheel.

Meanwhile, HYPE itself has cooled. The token was down 8% over the past 24 hours, trading at $49.48, though still up 660% since its November launch.

Will Hayes Buy Back?

For now, Hayes hasn’t said whether he plans to reenter HYPE. But if his past behavior is any guide, his exit might not be the end of the story.

Just last week, Hayes argued crypto markets are about to shift into “up only” mode now that the U.S. Treasury has filled its General Account with $850 billion. He has also kept his call for Bitcoin to hit $250,000 by the end of 2025.

Critics argue his trades speak louder than his predictions. On crypto X, some users noted the importance of tracking what big personalities do on-chain, not just what they say in interviews.

Whether Hayes’ Ferrari MOVE was a flex or just profit-taking, the story tells us a bigger theme in crypto. Prices may follow narratives, but insiders can flip those narratives into real-world toys at a moment’s notice.

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