Arthur Hayes shifts portfolio, buys HYPE amid market dip

Arthur Hayes sold PENDLE, ENA, and LDO to buy 57,881 HYPE tokens for $1.91M, raising his HYPE holdings to 131,807 tokens ($4.33M). He still holds $43M in crypto, mainly USDC and Ethereum.

Arthur Hayes has recently restructured his cryptocurrency portfolio in response to a major market correction. On-chain data shows that Hayes sold his positions in Pendle (PENDLE), ENA, and Lido Finance (LDO), reallocating the proceeds to purchase Hyperliquid (HYPE) tokens. In the past 24 hours, Hayes acquired 57,881 HYPE tokens, valued at approximately $1.91 million. This brings his total HYPE holdings to 131,807 tokens, worth about $4.33 million. Aside from HYPE, Hayes maintains a crypto portfolio valued at around $43 million, including $21.72 million in USDC stablecoin, $6.8 million in Ethereum, and $1.96 million remaining in Pendle. This move underscores a strategic shift towards liquidity and a focused bet on HYPE amid ongoing market volatility.