BitMEX co-founder Arthur Hayes is moving his portfolio away from pure crypto amid fears of an emerging credit shock, signaling increased risk-off sentiment for the market. Traders may take his move as a warning to monitor liquidity and derivatives exposure in BTC.
Former BitMEX CEO Arthur Hayes called on Zcash holders to remove funds from exchanges and move them into shielded addresses, and revealed ZEC is now his second-largest crypto position after Bitcoin.
Zcash fell sharply on Nov. 12 before recovering as Bitcoin billionaire Arthur Hayes warned holders to withdraw ZEC from exchanges, citing custody and regulatory concerns.
Former BitMEX CEO Arthur Hayes mocked claims that Jeff will never sell HYPE tokens, arguing wealthy founders regularly take profits. His comments revive concerns about founder sell-offs and token-backed credibility.