In keeping with Lookonchain, a pockets attributed to Arthur Hayes withdrew 33,978 Hyperliquid (HYPE) tokens value roughly $2.09 million from Bybit on June 8. Hayes has since denied making any buy.
The reported transaction carries an implied entry worth of roughly $ 61.50 per HYPE. That comes simply 4 days after Hayes publicly acknowledged he had exited his total HYPE place at costs above $72.
HYPE Falls 23% After Hayes Exits, Then a Disputed Re-Entry
Hayes’ exit above $72 preceded a roughly 23% decline in HYPE, which slid under $56 within the days that adopted. He attributed his HYPE and NEAR exit to macro hedging and a need to attend for a greater entry level.
Lookonchain recognized a withdrawal of 33,978 HYPE from Bybit at a mean worth close to $61.5, linking the tackle to Hayes via Arkham Intelligence labels.
If correct, the sequence would describe a sell-high, buy-lower commerce executed whereas Hayes publicly denied having repositioned.
The response left no ambiguity however supplied no extra context or pockets data.
Can On-Chain Knowledge Show He Purchased?
The credibility of the allegation relies upon totally on whether or not the flagged tackle truly belongs to Hayes. Arkham makes use of a mix of on-chain information, alternate deposit data, and machine studying to assign pockets labels to recognized entities.
The platform targets an accuracy charge of 95% or greater for main figures, however that also leaves room for error.
A mislabeled pockets is a believable end result, and no direct affirmation has emerged linking the tackle to Hayes.
Arkham’s influencer pockets monitoring has beforehand drawn scrutiny for attributions that required revision after the actual fact. With no verified on-chain signature or corroborating alternate information, the declare stays unconfirmed.
HYPE was buying and selling at $61.43 on the time of writing, up 4.58% over the previous 24 hours, with a market cap close to $13.65 billion and a rank of 10 by market cap.
Hayes has beforehand held a $150 HYPE worth goal for 2026. Whether or not he has re-entered that place stays, for now, an open query.
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