Arthur Hayes: From Bullish to Burnt? 🔥💸
The former BitMEX CEO jumped on the memecoin train, only to jump off real quick—at a loss! 😬💰 Last week, Hayes bet $500,000 on $MOG and $PEPE , promising they’d “go up.” Fast forward six days later, and he’s cashing out—losing nearly $50,000!
🚨 Crypto Twitter erupted as on-chain data revealed his sell-off. Hayes moved 24.39B $PEPE and 167.5B $MOG to exchanges, leaving investors scratching their heads. One even called it the “worst trade of all time!” 😱
This whirlwind saga highlights the volatile nature of memecoins and the need for careful timing. Even the “big players” aren’t immune to market shifts! 📉💣
What do you think: Was it a smart move or a hasty exit? 🤔