Original | Odaily Planet Daily (@OdailyChina)
Author | Azuma (@azuma_eth)
BitMEX founder Arthur Hayes seems to have “fallen in love” with Hyperliquild (HYPE) recently.
On May 23, Arthur Hayes posted on X, stating that his goal in this bull market may be to “overtake SOL’s market value with HYPE.”
On June 9, while Binance.US was posting about Hyperliquid on X, Arthur Hayes posted again asking CZ from Binance about the plan to list HYPE spot trading, saying, “Does this mean Binance is about to list HYPE spot trading?”
On June 11, Arthur Hayes updated X again, asking the community whether they think “Hyperliquid’s trading volume in this bull market will surpass Binance”?
With such a high frequency of “milking” situations, does Arthur Hayes really have such strong belief in the rising potential of HYPE? The reality may not be so simple.
On June 12, just a day after Arthur Hayes “milked” HYPE, Hyperliquid community member @obese.potato.pip discovered some interesting movements online—Arthur Hayes seems to be selling HYPE.
According to @obese.potato.pip’s monitoring, it is suspected that Arthur Hayes’ address consecutively transferred multiple HYPE tokens yesterday, including 73,000 HYPE (approximately $3 million) to Flowdesk, 40,000 HYPE (approximately $1.64 million) to Wintermute, 53,000 HYPE (approximately $2.2 million) to Galaxy, and 55,000 HYPE (approximately $2.3 million) to Gate.
Through online data tracing, we located the following address: 0xc32235231d29831a2cb2a11e3f9c7f38160fc1dd.
Although mainstream browsers like Etherscan have not marked this address, through X platform searching for this address, more content related to Arthur Hayes can be seen, so there is reason to suspect that this address belongs to Arthur Hayes.
Milking on one side, smashing on the other… Although it sounds a bit shameless, Arthur Hayes is not doing this for the first time.
On December 21 last year, Arthur Hayes once posted on X about milking Ethena (ENA), saying, “If a DeFi protocol has not integrated USDe or sUSDe, it should be out.” However, on the same day, Arthur Hayes released a pledge of 9.018 million ENA, then transferred 7 million ENA (valued at approximately $8.47 million when ENA was priced at around $1.21) to Binance, and a day later withdrew 7.85 million USDC from Binance using the same address, openly smashing the market.
Afterwards, Arthur Hayes also transferred nearly tens of millions of ENA to CEX like Bybit for profit.
Before that, Arthur Hayes had boldly predicted that the price of ENA could exceed $10.
Looking back at the historical trend of ENA, when Arthur Hayes was “milking and smashing”, ENA had risen back to $1, showing signs of ending the washout and continuing to rise, but the subsequent trend has been downhill, now down more than 70%.
This time, HYPE just broke through $40 and hit a new high, and Arthur Hayes is once again “milking and smashing.” Will a similar script replay?
This article is authorized to be reprinted from Odaily Planet Daily.