Arthur Hayes Shifts Investment from Solana to Ethereum
Arthur Hayes, the founder of BitMEX, has recently sold his holdings in Solana (SOL) and redirected his investment towards Ethereum (ETH). This decision came after a meditation session that prompted him to reassess his portfolio.
Predictions of Ethereum Reaching $5,000
Hayes holds a positive outlook on Ethereum and believes that the price of ETH could reach $5,000. His admiration for Vitalik Buterin, the co-founder of Ethereum, has influenced his perspective on the project.
Fam … I have a confession to make.
I received a msg from the Lord while meditating. He said dump that Sam coin POS, and profess your love for Archangel Vitalik.
So I dumped SOL, and bot more ETH. ETH = $5,000
— Arthur Hayes (@CryptoHayes) December 22, 2023
Hayes has been a vocal supporter of Ethereum since its successful transition to a proof-of-stake model. He believes that the market has not fully recognized the significance of this transition and its potential to support innovative businesses and protocols.
Solana’s Price Speculation
In the past, Hayes speculated that Solana’s price could reach near $100 during a bullish period for altcoins. This prediction was made when both Ether and Solana were experiencing significant rallies.
Who is ready for a weekend alt szn green doji piss up? Can we send SOL over $100? Let’s do it fam filing for a spot Ethereum ETF.
Currently, Ethereum is trading at $2,275.86, with a trading volume of $19,804,097,775.35 in the past 24 hours. It has seen a 2.84% increase in the last 24 hours and a 14.45% rise over the previous 30 days.
Hot Take: Arthur Hayes’ Strategic Shift Towards Ethereum
Arthur Hayes, the founder of BitMEX, has made a strategic investment shift from Solana to Ethereum. This decision was prompted by a meditation session that led him to reassess his portfolio. Hayes holds an optimistic view on Ethereum and predicts that its price could reach $5,000. He believes that the market has yet to fully appreciate the significance of Ethereum’s successful transition to a proof-of-stake model. In the past, Hayes speculated about Solana’s potential price surge during a bullish period for altcoins. Currently, Ethereum is trading at $2,275.86 with positive performance in the last 24 hours and over the previous month.
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