Markets

Arthur Hayes Sold $22 Million in Crypto Holdings Amid Market Downturn Warning

October 24, 2026, 1:00 PM UTC (2 hours ago) · 1 source · Summarized by CryptoBipto

Arthur Hayes, co-founder of BitMEX, reportedly sold approximately $22 million worth of cryptocurrency. Hayes has publicly warned that further market declines may be ahead.

WHY IT MATTERS

When a well-known figure in the crypto world makes a large trade, it often gets attention because newer investors may look to experienced traders for signals. Arthur Hayes co-founded BitMEX, a major platform where people trade crypto using leverage — essentially borrowing money to make bigger bets. Think of it like a famous chef publicly switching restaurants: people notice and wonder why. However, what one person does with their money reflects their own strategy and risk tolerance, not a universal truth about where the market is headed. Individual trades, no matter how large, are not reliable indicators of future market direction.

Arthur Hayes is the co-founder of BitMEX, one of the earliest and most prominent cryptocurrency derivatives exchanges. He has remained an influential voice in the crypto industry even after stepping down from his role at BitMEX following legal issues with U.S.

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