Arthur Hayes acquired $1.1 million worth of HYPE cryptocurrency., 2026/04/12 11:57:12

Co-founder of the cryptocurrency derivatives exchange BitMEX and investment director of the crypto fund Maelstrom Fund, Arthur Hayes, has acquired 26,022 HYPE tokens for approximately $1.1 million, according to data from the Lookonchain platform.

Currently, Hayes possesses 247,334 HYPE valued at $10.4 million, with unrealized profits amounting to $2.2 million, as indicated by Lookonchain. Over the past few months, the entrepreneur has consistently accumulated this cryptocurrency from the Hyperliquid project. In February, the investor sold a number of altcoins to purchase HYPE for $1.9 million.

Arthur Hayes has repeatedly expressed public support for the Hyperliquid ecosystem. In March, the head of Maelstrom Fund made a prediction that HYPE could reach $150 by August. This is five times higher than the price at which the coin was trading in early March—around $30.

Since the beginning of the year, the HYPE token has increased by approximately 61%, while Bitcoin and Ethereum have decreased by 18% and 25%, respectively. Currently, HYPE is trading at $40.8, remaining 31% below its all-time high of $59.3, which was reached in September. The HYPE coin ranks among the top ten cryptocurrencies by market capitalization, with a figure of $10.4 billion.

In March, Hayes referred to the decentralized platform Hyperliquid as a leader in the crypto industry in terms of yield, excluding stablecoin issuers. The investor assured that the platform allocates a significant portion of its revenue to buy back HYPE tokens from the open market, thereby supporting the long-term growth of the asset.

Recently, the businessman urged investors to refrain from rushing to purchase Bitcoin amid the escalation of the military conflict between Israel, the USA, and Iran. He believes it is much wiser to adopt a wait-and-see approach.