August 2, 2025
Artthur Hayes Dumps Millions in Crypto Amid Bearish Bet on US Tariff Impact thumbnail
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Artthur Hayes Dumps Millions in Crypto Amid Bearish Bet on US Tariff Impact

Hayes Suggested that Markets will be Impacted by President Trump’s Tariffs and A Weaker-Tan-Exectored US Jobs Report, Predicting A Bearish Scenario for Crypto”, – WRITE: www.coindesk.com

Hayes Suggested that Markets will be Impacted by President Trump’s Tariffs and A Weaker-Tan-Exectored US Jobs Report, Predicting A Bearish Scenario for Crypto AUG 2, 2025, 1:33 PM

Artthur Hayes, The CO-FOUNDER OF CRYPTO Exchange BitMex, Has Offloaded More Than $ 13 Million Worth of Crypto Holdings, Including Ether (ETH), Ethena

and Pepe

.

Data from Arkham Intelligence Shows Hayes Sold Millions of Millions of TeESE Cryptocurrencies and MOVED TO ACCUMUAT USDC, with The Stablecoin Now Making UPOCS.

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The Address Sold 2.373 ETH WORTH $ 8.32 Million, 7.76 Million Ena Valused AT $ 4.62 Million, and 38.86 Billion Pepe for $ 414.700. In a post on x, he seemingly confirMed he is behind the Address and Pointed to a Bearish Scenario for the Crypto Space.

Hayes suggested that markets Will take a hit from the Impact of President Donald Trump’s Tariffs, Some of Wich Came Into Effect on Aug. 1 and Others are coming on aug. 7, WHICH AFFCT Key Trading Partners.

Combined with a weaker-Yan-expected US Jobs Report, He Argued that No Majoor Economy Is Expanding Credit Fast Enough To Boost Nominal GDP. Against this Backdrop, He Predicted Bitcoin Could “TEST $ 100K” WHILE ETHER WILL REVISIT $ 3,000.

Y? US Tariff Bill Coming Due in 3q… at Least the Mrkt Believes that after NFP Print. No Majoor Econ is Creating Enough Credit Fast Enough to Boost Nominal GDP. SO $ BTC TESTS $ 100K, $ ETH TESTS $ 3K. Come see my @webx_asia tokyo keynote aug 25 for more info. Back to the Beach. https://t.co/zuhlwgqkk7

– Artthur Hayes (@cryptohayes) August 2, 2025

The Crypto Market, As Measured by the Coindesk 20 (CD20) Index, Lost More Than 7.5% of Its Value Over The Past Week as Rate Cut Heps Faded. Bitcoin OutperFormed the Wider Market with A 3.9% Drop, and is Now Standing at $ 113,500.

Similarly, Ether Saw A 6.5% Drop in the Same Period and now Trades at $ 3,500. While Rate Cut Heps Dimmed on Friday, Later in the Session they survey after the labor Market Showed Signs of Weakness. Polymarket Traders Are Now Weighting A 70% Chance of A Rate Cut in September.

The Market is Also Droping as Tensions Between the US and Russia Escalate. After Former Russian President Dmitry Medvedev Threated The Us in Respons to Agree-Fire, Trump Said He-NOCLERINES TWOPLEARINES

Despite the Sell-Off, Hayes May Remain Bullish. In a post last month, he said his year-end target for the price of bitcoin WAS $ 250,000, while he saw ether rise to $ 10,000.

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

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Francisco Rodrigues

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