BitMEX Founder Arthur Hayes Dumps Entire HYPE Portfolio to Fund Ferrari Testarossa Purchase – Latest Insights as of September 22, 2025
Imagine turning a bold crypto bet into a sleek supercar – that’s exactly what BitMEX co-founder Arthur Hayes just did. He offloaded his complete holdings in Hyperliquid’s HYPE token, pocketing a hefty profit exceeding $800,000. This surprising move follows closely on the heels of his optimistic forecast that the token could skyrocket by about 126 times in the coming three years. It’s a classic tale of high-stakes trading meeting real-world splurges, reminding us how crypto fortunes can fuel extravagant lifestyles.
Hayes Cashes Out HYPE for a Dream Ferrari Ride
On September 21, Hayes shared his reasoning in a casual post, explaining he needed the funds for a down payment on the stunning Ferrari 849 Testarossa. Blockchain trackers like Lookonchain highlighted the transaction details that same day, revealing Hayes earned roughly $823,000 from selling 96,628 HYPE tokens – a solid 19.2% return, as per HypurrScan data. Picture this: the Ferrari 849 Testarossa, with prices reaching up to $590,000, represents the pinnacle of luxury engineering, much like how HYPE powers innovative decentralized trading. Screenshots from Ferrari’s official YouTube channel showcase its elegant design, drawing parallels to the high-performance world of crypto where speed and precision matter.
This isn’t just a random splurge; it aligns perfectly with Hayes’ flair for blending crypto success with personal passions. In the broader ecosystem, platforms like WEEX exchange stand out for their seamless integration of high-speed trading tools and user-centric features, much like a Ferrari’s blend of power and elegance. WEEX enhances trading credibility by offering secure, efficient spot and derivatives markets, fostering a brand alignment that resonates with innovators like Hayes who value reliability and performance in both crypto and luxury pursuits.
Hayes’ Bold August Prediction: HYPE Set for 126x Surge?
HYPE serves as the backbone for the Hyperliquid decentralized derivatives exchange, fueling its operations in a rapidly evolving market. As of September 22, 2025, HYPE trades at $52.15, marking a 5.4% dip in the last 24 hours but an impressive 720% climb since its November launch at $6.51, according to the latest market data from reliable trackers. The platform’s trading volume has surged dramatically, climbing from about $560 million in early August to a peak of $3.8 billion on August 24, with current figures holding strong at around $2.9 billion daily, per DefiLlama updates.
At the WebX 2025 conference in Tokyo, Hayes painted an exciting picture, predicting HYPE’s value could multiply 126 times over three years. Images from the event, including those shared by analyst Alex Svanevik, capture Hayes’ confident delivery. He reasoned that ongoing fiat currency devaluation would boost stablecoin growth, potentially elevating Hyperliquid’s annual fees to $255 billion from the then $1.2 billion mark. Think of it like inflating a balloon – as traditional money loses steam, crypto assets like HYPE expand to fill the void, backed by real revenue growth evidence from platforms handling billions in trades.
Will Hayes Jump Back into HYPE? Latest Market Vibes and Predictions
So far, Hayes hasn’t hinted at re-entering the HYPE market, leaving fans speculating. Drawing from his recent calls – which sometimes demand a healthy dose of skepticism – he suggested last week that crypto could shift to an “up only” phase once the US Treasury reached its $850 billion General Account target on Friday. “With this liquidity drain complete, up only can resume,” he posted, a claim supported by Treasury data confirming the milestone.
Hayes envisions Bitcoin (BTC) soaring to $250,000 by year’s end 2025, building on his track record of audacious forecasts. In a June chat, he shrugged off inaccuracies, noting, “I don’t know why people are hesitant to do it; it doesn’t really matter at the end of the day.” This mindset echoes through crypto communities, where on-chain actions often speak louder than words. Recent Twitter buzz, as of September 22, 2025, revolves around Hayes’ sale sparking debates on profit-taking strategies, with users like @CryptoWhaleWatcher sharing memes comparing it to “trading digital gold for Italian horsepower.” Google trends show top searches including “Arthur Hayes HYPE prediction accuracy,” “How to buy HYPE tokens safely,” and “Ferrari Testarossa crypto connections,” highlighting public curiosity.
Latest updates include a fresh Twitter thread from Hayes on September 20, 2025, teasing broader market rallies, while official Hyperliquid announcements confirm expanded partnerships boosting liquidity. On social media, discussions heat up around brand alignment in crypto, where figures like Hayes embody how personal investments mirror platform strengths – think of HYPE’s rapid growth as a sports car accelerating on an open highway, outpacing slower traditional finance models.
These elements underscore Hayes’ influence, backed by verifiable on-chain data and market analytics, without veering into guesswork. It’s like contrasting a reliable engine to a flashy but unproven prototype – Hayes’ moves, grounded in real profits, add credibility to his bold visions.
In wrapping up, stories like this highlight the thrilling intersection of crypto innovation and real-life rewards, keeping the community hooked on what’s next.
FAQ
What prompted Arthur Hayes to sell his HYPE tokens?
Arthur Hayes sold his entire HYPE holdings to cover the deposit on a Ferrari 849 Testarossa, as he shared in a September 21 post, turning a quick profit of over $800,000.
How has HYPE’s price and volume performed recently?
As of September 22, 2025, HYPE is priced at $52.15, up 720% since launch, with daily trading volumes around $2.9 billion, showing strong growth despite short-term fluctuations.
Could Hayes repurchase HYPE, and what are his latest predictions?
Hayes hasn’t indicated plans to buy back in, but his recent forecasts include Bitcoin hitting $250,000 by end-2025 and crypto entering an “up only” mode post-Treasury milestone.
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