Arthur Hayes’ Altcoin Massacre: A Tale of Greed, ZEC, and Broken Pinkies 🤑💔

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Ah, the theater of the absurd! Behold, the crypto arena once again graces us with its grand spectacle, starring none other than the enigmatic Arthur Hayes, former maestro of BitMEX. Lo and behold, the man with the golden touch (or perhaps the leaden one, depending on the day) has embarked on yet another selling spree, a veritable orgy of dumping that would make even the most seasoned liquidator blush. 🌪️

According to the ever-watchful eyes of Lookonchain, Hayes, in a flurry of transactions, cast aside his altcoin treasures like a tsar discarding yesterday’s caviar. In a mere handful of hours, he unburdened himself of 520 ETH, 2.62M ENA, and 132,730 ETHFI. A modest sum, one might say, for a man of his stature-a mere $2.5 million, give or take a kopeck. 💸

Arthur Hayes(@CryptoHayes) appears to have sold 520 $ETH($1.66M), 2.62M $ENA($733K), and 132,730 $ETHFI($124K) 4 hours ago. A man of action, indeed! Or perhaps, a man in flight? 🏃♂️💨

– Lookonchain (@lookonchain) November 16, 2025

But oh, the drama did not end there! Like a playwright adding twists to his tragedy, Hayes doubled down on his ETH and ENA exodus, shedding $820,000 and $651,000 respectively. Lest we forget, he also parted ways with $480,000 in LDO, $289,000 in AAVE, and $209,000 in UNI. A veritable feast of sell orders, all served on a platter of market despair. 🍽️

This latest bout of selling comes, of course, on the heels of the crypto market’s most recent collapse. Bitcoin, that proud stallion, plummeted to a six-month low of $94,000, while ETH, its faithful companion, dipped to $3,100. Yet, amidst this carnage, one coin stood defiant-ZEC, the privacy darling, soaring 26% weekly and a staggering 220% monthly. Hayes, ever the contrarian, sang its praises on X, declaring it superior to XRP. A bold claim, indeed, from a man who once swore off profits with a “pinky” promise. 🤏✨

Ah, but let us not forget the irony! Back in August, our protagonist sold off a significant portion of his alt holdings, warning of an impending pullback. Yet, the market, that fickle mistress, defied his predictions and rebounded, forcing him to reaccumulate ETH at higher prices. A costly lesson, one might say, for a man who vowed never to take profits again. But then, promises are like altcoins-volatile and often broken. 💔

And so, the saga continues. Arthur Hayes, the crypto tsar, dances his erratic waltz across the market, leaving behind a trail of dumped altcoins and broken pinkies. Will he rise again, or shall he be swallowed by the maelstrom of his own making? Only time-and the blockchain-will tell. 🕰️🔗

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2025-11-16 10:12