CryptoETHBitMex founder Arthur Hayes predicts $5,000 Ethereum (ETH) price

BitMex founder Arthur Hayes predicts $5,000 Ethereum (ETH) price

In a surprising and humorous turn of events, Arthur Hayes, the founder of BitMex, recently shared a bold prediction for Ethereum (ETH) on social media. Hayes claimed to have received divine guidance during meditation, humorously attributing the message to Satoshi Nakamoto, Bitcoin‘s mysterious creator.

According to Hayes, the celestial message directed him to divest from his Solana (SOL) holdings and express admiration for Ethereum’s cofounder, Vitalik Buterin. Acting on this guidance, Hayes reportedly sold his Solana assets and doubled down on Ethereum, anticipating a surge that would propel ETH to an impressive $5,000.

Hayes, known for his insightful market analyses, previously predicted Solana’s price to reach $100, a forecast that materialized as SOL recently peaked at $99.6.

The decision to shift from Solana to Ethereum could be based on Hayes’ assessment of market dynamics. While Solana has experienced a remarkable 350% surge since mid-December, Hayes seems to believe that Ethereum has more room for growth. Despite Ethereum trading at yearly highs, its percentage increase in value during the same period is nearly ten times less than Solana’s meteoric rise.

Hayes’ celestial revelation adds a touch of humor to the often serious and unpredictable world of cryptocurrency predictions. As the market continues to evolve, only time will tell if his divine guidance leads to another accurate forecast.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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