Arthur Hayes responds to sell-off: BTC expected to test $100,000, ETH to test $3,000
21 hours ago

According to Odaily Planet Daily, Arthur Hayes responded to recent profit-taking on the X platform, stating that the US tariff bill will expire in the third quarter...at least that's what the market believes after the release of the non-farm payroll data. Currently, major economies are not creating credit quickly enough to boost nominal GDP. Therefore, Bitcoin will test $100,000, and Ethereum will test $3,000. For more information, please attend my keynote at WebX Asia in Tokyo on August 25th. I'm going to relax.

Earlier news, Arthur Hayes sold 2,373 ETH (US$8.32 million), 7.76 million ENA (US$4.62 million) and 38.86 billion PEPE (US$414,700) early this morning.

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BMNR, the largest Ethereum holder, saw a floating loss of over 9% of its holdings, totaling nearly $200 million.
The whale "sets 10 major targets first" and switches from short position to long position, opening a 5x leveraged BTC long position at $112,891.
"Big Brother Maji" closed his long position in PUMP, resulting in a total loss of $9.94 million in contracts and spot trading.
Planet Morning News | August 3
"Big Brother Maji" recently went long on ETH/HYPE/PUMP, giving back over $20 million in profits, and the current address only has a floating profit of $3.5 million.
The whale received another 25,500 ETH from FalconX, and at the same time suffered a floating loss of $10 million due to staking ETH