Arthur Hayes doubles down on HYPE as he eyes $150 target by August
Crypto Briefing
BitMEX co-founder Arthur Hayes increased his HYPE holdings to over $10 million while maintaining his bullish $150 price target for August.Summary
Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom Fund, has purchased an additional 26,022 HYPE tokens, bringing his total investment in Hyperliquid’s native asset to over $10 million. Despite current market fluctuations, Hayes remains confident in the project, which has outperformed Bitcoin and Ethereum year-to-date. Hayes projects the token could reach $150 by August, citing the platform's market dominance in on-chain perpetual futures and a fee structure that favors token holders through consistent buybacks.
(Source：Crypto Briefing)