5 Facts Arthur Hayes Sells All HYPE Tokens for Ferrari Rp9.8 Billion!

Jakarta, Pintu News – The crypto world has been rocked once again by the surprising move of one of its major figures. Arthur Hayes, founder of BitMEX, reportedly sold his entire stake in Hyperliquid tokens just weeks after predicting a 126x rise in three years. Cointelegraph reports that Hayes earned $823,000 (IDR 13.6 billion, exchange rate IDR 16,624/USD) from the sale of 96,628 HYPE.

This news is getting more and more talked about because Hayes said the proceeds from the sale would be used to pay the down payment for a Ferrari 849 Testarossa which costs up to $590,000 (Rp9.8 billion).

1. IDR 13.6 Billion Profit from HYPE

According to data from Lookonchain cited by Cointelegraph, Hayes sold all 96,628 of his HYPE tokens for a profit of around $823,000 (IDR 13.6 billion). This figure is equivalent to 19.2% profit from his initial capital.

This sale came shortly after he gave a bullish prediction against HYPE. This action led to discussions in the cryptocurrency community about the consistency between public statements and on-chain actions.

Also Read: 3 Big Liquidation Risks in the Crypto Market in September 2025 that Traders Need to Be Aware of

2. Ferrari 849 Testarossa is the reason for sale

Hayes confirmed his move through a post on platform X (Twitter) on September 21, 2025. He wrote that the proceeds from the sale were used to make a down payment on a new Ferrari called the “Rari 849 Testarossa.”

According to Ferrari sources, this model is priced up to $590,000 (IDR 9.8 billion). Hayes’ decision is considered unique because it is rare for crypto figures to openly associate the sale of digital assets with the purchase of luxury goods.

3. HYPE 126x Prediction Reverses Course

By August 2025, Hayes predicted that HYPE’s price could increase 126-fold in three years, as reported by Cointelegraph. The token itself is a native asset of Hyperliquid, a decentralized derivatives exchange.

However, his sale has left many doubting his long-term optimism. This highlights the difference between public speculation and the personal investment decisions of well-known figures in the crypto world.

4. HYPE Remains Up 660% Since Launch

Despite Hayes offloading his assets, data from DefiLlama shows HYPE’s performance is still impressive. The token is up around 660% since its November 2024 launch at $6.51, and is now trading at around $49.48 (IDR 822,000).

In addition, Hyperliquid’s trading volume also jumped significantly. From around $560 million in early August 2025, it rose to $3.4 billion on August 24. This shows a huge increase in activity on the platform.

5. Another Hayes Prediction: Bitcoin Could Reach Rp4.1 Billion

In addition to his comments about HYPE, Hayes also often makes extreme predictions on the cryptocurrency market. Cointelegraph noted that he predicted Bitcoin could reach $250,000 by the end of 2025.

However, he also emphasized that mispredictions are common in the crypto world. Hayes thinks investors should pay attention to what public figures do on the blockchain, not just what they say.

Takeaway: Hayes’ action serves as a reminder to investors

Arthur Hayes’ sale of HYPE demonstrates a unique dynamic in the cryptocurrency world, where words and actions often diverge. Although HYPE still recorded impressive gains, Hayes’ move sparked a debate about the credibility of price predictions.

For crypto investors, this event is an important reminder to always do your own research before following recommendations, even from big names.

Also Read: Uniswap Price Prediction 2025-2031: Will UNI Remain Stable?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Brian Quarmby / Cointelegraph. Arthur Hayes says he sold all his HYPE… to buy a Ferrari. Accessed September 22, 2025.